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Siemens AG (SIEGn.DE)

SIEGn.DE on Xetra

125.00EUR
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€3.50 (+2.88%)
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€121.50
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€125.15
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Latest Key Developments (Source: Significant Developments)

Siemens CEO guides against further large digital buys
Wednesday, 1 Feb 2017 08:32am EST 

Siemens AG : CEO says shouldn't expect further huge acquisitions in digitisation . CEO says making good progress regarding synergies at Dresser-Rand and Rolls-Royce unit . CEO says sees 10 billion eur in revenue from digital business by 2020 . CFO says Osram stake is not strategic, all options are open Further company coverage: [SIEGn.DE] (Reporting By Georgina Prodhan) ((georgina.prodhan@thomsonreuters.com;)).  Full Article

Mersen wins 7 million euro order from Siemens
Tuesday, 31 Jan 2017 11:52am EST 

Mersen Sa : Mersen wins about 7 million euro ($7.55 million) order from Siemens .Deliveries will take place in 2017 and 2018.  Full Article

Southern Company unit announces strategic wind development agreement
Friday, 30 Dec 2016 10:00am EST 

Southern Co : Southern Company subsidiary announces strategic wind development agreement . Southern Co - Southern Power announced joint development agreement with Renewable Energy Systems Americas Inc to develop about 3,000 mw across 10 projects . Southern Co - Additionally, Co has signed agreements to purchase wind turbine equipment from both Siemens and Vestas for use at facilities .Says wind turbine equipment purchased from both Siemens and Vestas will be used to secure current tax benefits for identified projects.  Full Article

Mentor Graphics received notice from FTC of early termination
Tuesday, 27 Dec 2016 07:00am EST 

Mentor Graphics Corp :Mentor graphics-on Dec 22 received notice from ftc of early termination, effective immediately for pending acquisition of co by Siemens industry.  Full Article

Siemens and ÖBB sign contract for 64 new Cityjets
Friday, 23 Dec 2016 05:15am EST 

Siemens AG : ÖBB and Siemens sign contract for 64 new Cityjets .Order volume around 400 million euros ($418.16 million).  Full Article

Siemens AG & U.S. startup LO3 Energy collaborate on blockchain microgrids
Monday, 21 Nov 2016 10:00am EST 

Siemens AG :Siemens & U.S. startup LO3 Energy to jointly develop microgrids that enable local energy trading based on blockchain technology.  Full Article

Atos/Siemens to invest more in joint venture innovation business
Thursday, 17 Nov 2016 03:29am EST 

: The companies say they will further increase the funding of their joint innovation investment program by an additional 80 million euros ($85.79 million) to 230 million euros . Atos, Siemens say they aim to further accelerate their joint business until 2020 .The new funding will be focused to explore further opportunities for joint collaborations in the fields of Industrial Security, Industrial Data Analytics, Machine Intelligence, Service Enhancing Technologies and Web of Systems ($1 = 0.9325 euros).  Full Article

Siemens to pay for Mentor Graphics with existing cash - CFO
Monday, 14 Nov 2016 07:59am EST 

Siemens CFO on conference call : Says about half of synergies from Mentor Graphics acquisition will be on revenue side, other half on cost side . Says headwinds for Mentor Graphics from chip sector consolidation should be over . Says expects to pay for Mentor Graphics takeover out of existing cash . Says expects some longer-term redundancies from Mentor Graphics takeover, but that's not the main driver of synergies . Says expects 100 million eur/year impact from Mentor Graphics integration and revenue recognition adjustments in first two years after closing Further company coverage: [SIEGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Siemens board member Siegfried Russwurm to leave board
Friday, 23 Sep 2016 06:52am EDT 

Siemens AG : Says board member Siegfried Russwurm's contract will not be extended beyond end of March 2017 Further company coverage: [SIEGn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Marathon Patent Group buys patents from Siemens
Monday, 15 Aug 2016 08:00am EDT 

Marathon Patent Group Inc :Co's wholly owned subsidiaries have acquired 307 worldwide patents from Siemens AG and certain of its affiliates.  Full Article

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