- The two awarded contracts are worth $190M.
- Upgrades will improve the rail capacity, efficiency and enhance passenger experience.
Siemens Mobility has been awarded two contracts worth around AU $190M by the New South Wales (NSW) Government in Australia to significantly upgrade the rail network in metropolitan Sydney, one of the busiest networks in the southern hemisphere. This work will improve the overall efficiency and capacity of the rail network. The total contract consists of two key packages, including the introduction of a new Traffic Management System (TMS) along with the upgrading of the Sydney Trains’ network conventional signalling to a digital ETCS-L2 train control system.
- Siemens Mobility intends to acquire Aldridge Traffic Controllers (ATC) based in Sydney, Australia
- ATC is a traffic controller provider with manufacturing and engineering competencies as well as a licensed SCATS® software distributor
- ATC is a main player in the Asia-Pacific market for urban traffic management, where SCATS® is the predominant technology
- The intended acquisition will allow Siemens Mobility ITS to enhance its core business, gain access to new customers and to expand its footprint
- Siemens Mobility will further implement its strategy for ITS to reduce congestion, increase safety and comfort and improve air quality in cities around the world
- The acquisition is subject to regulatory approval by the respective authorities
Siemens Mobility has initiated proceedings for the acquisition of Aldridge Traffic Controllers (ATC), a main player in the market for urban traffic control and SCATS® customers around the world. ATC is one of a few companies holding a license to distribute the Sydney Coordinated Adaptive Traffic System (SCATS®), a holistic, innovative and scalable system of traffic management software and SCATS® type approved controllers. Through the intended acquisition, SCATS® customers will get access to Siemens Mobility’s broad Intelligent Traffic Systems (ITS) product and solution portfolio as well as global ITS domain competence. Furthermore, the intended acquisition of ATC will allow Siemens Mobility to strengthen its core business of traffic management and expand its footprint and operations in the APAC region, one of the fastest growing markets for traffic management. As a result of this intended acquisition, Siemens Mobility will be able to provide the entire chain of major adaptive traffic control systems globally.
- Smart Infrastructure (SI) to acquire Brightly, a leader in
cloud-based asset and maintenance management software
- Perfectly complements Siemens’ digital offerings for buildings, with
strength in asset and energy management
- Acquisition puts Siemens in pole position to address fast-growing
software market for buildings and built infrastructure
- Purchase price of USD 1.575 billion plus earn-out
Siemens Smart Infrastructure (SI), the frontrunner in digital buildings, has
signed an agreement to acquire Brightly Software, a leading U.S.-based software-as-a-service
(SaaS) provider of asset and maintenance management solutions. The acquisition elevates
SI to a leading position in the software market for buildings and built
infrastructure. The purchase price is USD 1.575 billion, plus an earn-out. The
acquisition will add Brightly’s well-established cloud-based capabilities across
key sectors – education, public infrastructure, healthcare, and manufacturing –
to Siemens’ digital and software know-how in buildings. It also accelerates the
build-up of Siemens’ SaaS business and enables Siemens and Brightly together to
deliver superior performance and sustainability for built infrastructure. Brightly
is expected to benefit from Siemens’ global presence, while Siemens leverages the
software provider’s footprint in the U.S. market. Siemens will realize significant
synergies between Brightly’s capabilities and its own portfolio with an
expected mid-triple-digit million net present value. The transaction is subject
to regulatory approvals, with closing expected in calendar year 2022. The
acquisition will be EPS
accretive pre-PPA in the second year after closing.
- Annual Shareholders’ Meeting to be held
in virtual format on February 9, 2023
- Dr. Regina E. Dugan (Wellcome Leap
Inc.), Keryn Lee James (former CEO of the ERM Group, and expert for
sustainability) and Martina Merz (thyssenkrupp AG) nominated for election to
Supervisory Board
- Reelection of four other Supervisory
Board members proposed:
Dr. Werner Brandt (Chairman of the Supervisory Board of RWE AG),
Benoît Potier (Chairman of the Board of Directors of ĽAir Liquide S.A.),
Dr. Nathalie von Siemens (member of supervisory boards) and
Matthias Zachert (Chairman of the Board of Management of LANXESS AG)
- Michael Diekmann, Dr. Norbert Reithofer
and Baroness Nemat Shafik to leave Supervisory Board
- Supervisory Board and Managing Board propose increasing dividend to €4.25,
up from €4.00 in prior
year
Siemens AG
today published the notice for its next ordinary Annual Shareholders’ Meeting
on February 9, 2023. The Managing Board of Siemens AG has decided, with
Supervisory Board approval, that the Annual Shareholders’ Meeting will again be
held as a virtual event. In addition, the Supervisory Board has proposed the election
of three new members. Approval from the Annual Shareholders’ Meeting for all of
the Supervisory Board’s election proposals would mean that, in the future, half
of the ten shareholder representatives on the Supervisory Board would be female.
As part of its sustainability commitments, the company will, for the first
time, offset the carbon emissions caused by sending nearly a million
invitations.
- New trend to supply renewable energy for mines as secure and cost-efficient alternative to fossil fuels
- Siemens' proven microgrid controller serves as technical basis for juwi's Hybrid IQ microgrid solutions
- Two projects in Australia successfully delivered, paving way for partners to roll-out solution in other countries
Siemens and the renewable energy developer juwi have joined forces to enter into a strategic technology partnership to focus on microgrids in the mining industry. A corresponding agreement was signed today. The two companies aim to roll-out and continually develop the advanced microgrid control system that enables the seamless integration of power from renewable energy to a mine's off-grid power supply. The Siemens Sicam based microgrid control platform is a proven and tested technology which is the basis for juwi's Hybrid IQ microgrid controller. juwi, on the other hand, brings industry-specific domain know-how and an excellent track record of planning and executing renewable energy projects at mine sites.
- Charging technology for 37 new electric buses installed at West London depot
- Fully electric-enabled bus garage incorporates power infrastructure, maintenance and charging facilities
- Supplying 11 megawatt hours to 37 double-decker buses daily
In partnership with Tower Transit, a bus operator in London and part of
the SeaLink Travel Group, Siemens Smart Infrastructure provided the charging
infrastructure for 37 new fully-electric double decker buses in London.
Westbourne Park garage, on the Great Western Road, is the operator’s first
depot in London incorporating fully electric routes with power infrastructure,
maintenance and charging facilities. Bus routes 23 and C3 operate from the
Westbourne Park site, with the first few Optare Metrodecker zero-emission
double-deckers already in operation, the remaining fleet is expected to be in
service in the next months.
- Sydney Coordinated Adaptive Traffic System (SCATS) Certification
- Supports cutting-edge intelligent infrastructure
- Certificate given at ITS World Congress
Siemens Mobility’ traffic light controller “Sitraffic sX” is certified as compatible with the urban traffic control system SCATS (a registered trademark Sydney Coordinated Adaptive Traffic System). New South Wales’ agency for road infrastructure and owner of the registered trademark SCATS system, Road and Maritime Services (RMS), has granted Siemens the certification after a substantial period of integration development and testing. The Compatibility Certificate confirms that Siemens Mobility’s “Sitraffic sX” traffic light controller has been tested and evaluated by RMS to functionally operate with SCATS. The official hand-over of the Certificate from RMS to Siemens Mobility took place during a ceremony at the 26th ITS World Congress 2019 in Singapore at Siemens Mobility booth.
- DC fast charging technology for 34 buses at depots in Christchurch and Auckland with an overall power capacity of around 3.7 Megawatt
- Flexible charging systems to easily expand the infrastructure and adapt to future battery voltage levels of up to 1,000 Volt
- Integration with one of the world’s major bus suppliers Yutong
Siemens Smart Infrastructure received an order from Go Bus, one of New Zealand’s largest bus operators, to power two of their bus depots with charging infrastructure for eBuses. The order fulfils two separate Go Bus contracts in Auckland and Christchurch. In Christchurch, 25 electric buses, the city’s first large-scale electric bus fleet, will be charged by Siemens systems. In Auckland, the systems will charge nine buses that will operate on a new electric airport link. The operations are scheduled to start early in 2021.
The information contained herein is not for
publication or distribution, directly or indirectly, in or into Australia or
any other jurisdiction where to do so would be prohibited by applicable law.
- Siemens AG to spin off 55 percent of Siemens Energy to Siemens shareholders
- Plans call for further reducing Siemens’ stake significantly within 12 to 18 months after spin-off’s effective date
- Siemens AG contractually obligated to ensure Siemens Energy’s autonomy and independence
- Siemens Energy to have strong capital and liquidity base; solid investment-grade rating targeted
- Initial listing of new shares planned for September 28, 2020
Siemens AG has today published key details of the spin-off of its energy business, together with the invitation to the Extraordinary Shareholders’ Meeting on July 9, 2020. Issuance of the spin-off report marks another key milestone in the creation of an independent, world-leading energy pure play. Siemens shareholders are to automatically receive one share of Siemens Energy AG for every two shares of Siemens AG. Fifty-five percent of Siemens Energy will be spun off to Siemens shareholders. Depending on the strategic and operational development of the two companies, Siemens AG intends to further reduce its stake in Siemens Energy significantly within 12 to 18 months. In addition, Siemens has placed itself under a contractual obligation to refrain from exercising a controlling influence over the new company in the future. Subject to approval by the Extraordinary Shareholders’ Meeting, plans call for the spin-off to take place, as announced, by the end of September 2020. The initial listing is to take place on September 28th, 2020.
Siemens has completed the sale of 18.155 million ordinary shares in Osram Licht AG, thereby raising gross proceeds of approx. €1.2 billion. The sale followed an accelerated bookbuilt offering to institutional investors only.