- Profit impact of around 300 million Euros in Q2 FY22
- Closing expected in July 2022
- Single ownership of Valeo provides strong prospects for joint
venture
- Another successful milestone for Siemens Portfolio Companies
Siemens AG has signed an agreement to sell
its 50 percent stake in the Valeo Siemens e-Automotive (VSeA) joint venture to
Valeo. The positive profit impact of around 300 million Euros will be recorded
in the second quarter of fiscal 2022 and closing is expected in July 2022,
subject to regulatory approvals.
- Ford Charge Station Pro granted newly expanded Underwriters Laboratories (UL) 9741 standard for safety and compliance
Siemens
Smart Infrastructure announced it has worked with Ford on the Ford Charge
Station Pro, a custom electric vehicle (EV) charger for the Ford F-150
Lightning. This innovative charger is the first bidirectional-ready EV solution
set for release at retail customer scale to receive certification under the
newly expanded Underwriters Laboratories (UL) 9741, an important industry-wide
benchmark that ensures products meet safety standards. The new charge station
also features a peak power of 19.2kW, achieving the maximum power rating
currently available for a Level 2 charge station.
On this day, 120 years ago, Siemens’ Central Press Office was founded in
Berlin – making Siemens one of the first German companies to professionalize
its press work. This development was
preceded by a conference on the company’s “literary affairs,” at which
participants complained of an “increasing dispersion of Siemens’ newspaper,
advertising and news activities.” The solution was to establish a Central Press
Office, and a Circular was issued on February 8, 1902, to officially announce
this step.
- Founded in Berlin on February 8,
1902
- One of first corporate press offices
in Germany
On this day,
120 years ago, Siemens’ Central Press Office was founded in Berlin – making
Siemens one of the first German companies to professionalize its press work. This
development was preceded by a conference on the company’s “literary affairs,”
at which participants complained of an “increasing dispersion of Siemens’
newspaper, advertising and news activities.” The solution was to establish a
Central Press Office, and a Circular was issued on February 8, 1902, to
officially announce this step.
- Simulytic, a Siemens venture, accelerates the move to safe, autonomous mobility
- Risk intelligence for Autonomous Vehicle insurance
- Simulytic translates big simulation data outputs into tailored insurance insights
Simulytic, a Siemens Insurtech venture, analyses the safety and impact
of autonomous vehicles, translating big simulation data outputs into tailored
insurance insights. With the
appointment of Alex Gerodimos as Chief Growth Officer (CGO), Simulytic has made
an important strategic addition to the leadership team.
The central artery of the Copenhagen S-train network is now in operation
with a new Communications-Based Train Control System (CBTC) provided by Siemens
Mobility.
- First pilot project with a solar power generation capacity of 45 megawatts and hydroelectric capacity of 36 megawatts in Thailand
- Software enables use of real-time data for analytics and decision making
- Driving clean energy use and reducing carbon emissions
The Electricity Generating Authority of Thailand (EGAT) has moved forward
with its policy of using clean energy and reducing carbon dioxide emissions
with smart technology by deploying Siemens' SICAM Microgrid Control and
Photovoltaic Plant Control to balance the energy mix generated by the world's
largest Hydro-Floating Solar Hybrid Project at Sirindhorn Dam, Ubon Ratchathani
Province. The project with a solar power generation capacity of 45 megawatts and a hydroelectric capacity of 36 megawatts, capable of generating electricity from renewable sources day
and night, recently began commercial operation, acclaimed as the first of its
kind in Thailand.
- Atlantia S.p.A. to acquire Yunex Traffic from Siemens Mobility for €950 million
- Closing expected by September 2022
- Yunex Traffic is a leader in intelligent road traffic solutions
- Siemens continues to sharpen its portfolio as focused technology
company
Siemens Mobility today signed an agreement to divest Yunex Traffic, the international road traffic business, to Atlantia S.p.A. The Managing Board and Supervisory Board of Siemens AG have approved the planned transaction. The purchase price is €950 million (enterprise value). Closing is expected by September 2022, subject to the relevant regulatory approvals. Yunex Traffic is a leader in innovative and intelligent infrastructure and traffic solutions for roads and cities. As a global leader in mobility infrastructure technology and services, Atlantia is a long-term, strategically oriented new owner for Yunex Traffic.