The Latest Breaking News from Siemens

Major Siemens factory on track to hit landmark target after 32-year journey

The factory in Congleton has been in operation for 50 years

Birmingham Post · Jul 11, 2022

Siemens Energy says it will get pipeline turbine to Russia as soon as possible

Siemens said Canada's decision to allow a turbine to be sent from its repair shop in Canada to Germany was a necessary first step towards returning it to the Russian pipeline it operates, and that it was aiming to get it there as soon as possible.

Reuters · Jul 10, 2022

The Northern Agenda: Countryside council tax storm

North Yorkshire plans measures to tackle second home use - and there's a baby boom in central Manchester

Manchester Evening News · Jul 4, 2022

Volkswagen, Siemens, Others Invest Over $700M For Hassle-Free, Cheaper EV Charging

The White House disclosed that companies are looking to invest over $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers, Reuters reports.  The move could add at least 2,000 jobs and make charging more accessible and affordable. The investments include $450 million earmarked by Volkswagen AG (OTC:VWAGY) unit Electrify America and over…

Benzinga · Jun 28, 2022

Volkswagen In Talks To Sell Stake In US EV Charging Business To Siemens: WSJ

Volkswagen AG (OTC:VWAGY) is nearing a deal to divest a minority stake in its U.S. electric vehicle charging business to a division of Siemens AG (OTC:SIEGY), the Wall Street Journal reported. The deal, if realized, would value Volkswagen’s Electrify America LLC at more than $2 billion. The report added that the funds will…

Benzinga · Jun 28, 2022

White House Says Companies Investing $700 Million to Boost EV Charger Production

The White House said on Tuesday that companies are planning to invest more than $700 million to boost US manufacturing capacity for electric vehicle (EV) chargers - actions set to add at least 2,000 jobs and make charging more accessible and affordable. The investments include $450 million earmarked by Volkswagen…

Asharq Al-Awsat · Jun 28, 2022

Siemens Acquires Brightly Software For $1.6B Cash Plus Earn-Out

Clearlake Capital Group, L.P. has agreed to sell Brightly Software, Inc. to Siemens AG (OTC:SEIGY) for $1.875 billion, with $1.575 billion upfront cash consideration and $300 million in cash earn-out payments. Brightly is a software-as-a-service provider of cloud-based enterprise asset management and facility operations management and was acquired by Clearlake in June 2019.…

Benzinga · Jun 27, 2022

Spanish expansion for tech unicorn Matillion adds to UK and US bases

Matillion works with the likes of Tui, Travis Perkins, Ikea, Amazon and Siemens

Birmingham Post · Jun 24, 2022

Governments, firms make new bet on green hydrogen as climate fix

The number of green hydrogen projects worldwide has increased more than three-fold in less than a year.

Al Jazeera · Jun 22, 2022

Digital Valley to host 5G innovation centre

Advanced Info Service (AIS), the country's biggest mobile operator by subscriber base, has collaborated with the Digital Economy Promotion Agency (Depa) to launch the country's first 5G innovation centre and laboratory located at Thailand Digital Valley in the Eastern Economic Corridor (EEC).

Bangkok Post · Jun 16, 2022