- Reuters•4 days ago
BRUSSELS/FRANKFURT, Feb 23 (Reuters) - German engineering group Siemens is set to gain unconditional EU antitrust approval for its $4.5 billion bid for U.S. software company Mentor Graphics, its biggest deal in this area in a decade, two people familiar with the matter said on Thursday. Siemens unveiled the deal in November last year, aiming to boost its presence in a sector with faster growth and bigger margins than other areas. Siemens is targeting a rise in its software revenue by about a third from the deal.
- The Wall Street Journal•4 days ago
Helmuth Ludwig, a company veteran who became global head of IT in October, is now leading internal IT across the company and deploying emerging technologies from blockchain to bots.
- Reuters•12 days ago
Siemens (SIEGn.DE) will close a factory making blades for wind turbines in Engesvang in Denmark and cut 430 jobs, as it is unable to expand the site to meet demand for bigger blades, the company said on Wednesday. Siemens will instead focus on production of blades for wind turbines at two other plants in Denmark, spokesman Rasmus Windfeld said. After the job cuts, Siemens will employ around 6,500 people in Denmark, which is more than the company employed a year ago, he said.
SIE.F : Summary for SIEMENS AG NA - Yahoo Finance
Siemens Aktiengesellschaft (SIE.F)
Frankfurt - Frankfurt Delayed Price. Currency in EUR
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|Bid||122.00 x 100000|
|Ask||122.12 x 100000|
|Day's Range||121.21 - 123.41|
|52 Week Range||84.47 - 125.34|
|PE Ratio (TTM)||17.20|
|Dividend & Yield||3.88 (3.03%)|
|1y Target Est||N/A|