Siemens Energy is looking to cut costs – 7’800 jobs lost
February 02, 2021The company is looking to reduce costs by a minimum of EUR 300 million in its Gas and Power segment. In addition to reducing non personnel costs, Siemens Energy plans to reduce its global workforce by 7,800 jobs by 2025.
Britishvolt team up with Siemens UK
January 18, 2021Britishvolt announces that the company has entered into an exclusive technology collaboration agreement with Siemens.
FREYR signs initial agreement with MAERSK
November 23, 2020The Norwegian battery company has signed a Memorandum of Understanding (MoU) with MAERSK Norge AS regarding the optimisation of FREYR’s global logistics and supply chain.
AT&S appoints Simone Faath as CFO
October 20, 2020With the appointment of Simone Faath as CFO, the AT&S Management Board is now complete again.
FREYR and Siemens signs initial battery cell supply agreement
October 19, 2020The Norwegian battery company has signed a Memorandum of Understanding (MoU) with Siemens Energy AS for the supply of lithium-ion battery cells (LiB) for marine and Energy Storage System (ESS) applications.
Rethink Robotics opens new production facility and adds Siemens as a shareholder
October 13, 2020In summer 2020, Rethink Robotics, a subsidiary of the HAHN Group, moved into its new company headquarters, where the production of collaborative robot systems takes place as well.
Siemens Schweiz AG - SI Building Products opts for ASM placement solutions
July 24, 2020Siemens Schweiz AG - SI Building Products in Zug (Switzerland) develops and manufactures advanced systems for building automation and control.
Siemens acquires UltraSoC
June 25, 2020Siemens has signed an agreement to acquire Cambridge, UK-based UltraSoC Technologies Ltd., a provider of instrumentation and analytics solutions that put intelligent monitoring, cybersecurity and functional safety capabilities into the core hardware of system-on-chip (SoC).
SiPearl chooses Germany for its first international operational subsidiary
May 27, 2020SiPearl, a designer of the microprocessor for the European exascale supercomputer, is opening its first international subsidiary in Duisburg, in the Ruhr region, Germany, in order to build closer connections with its German partners and future clients.
ALLPCB’s new SMT factory has launched production
May 26, 2020On May 10 2020, ALLPCB’s new – self-operated – SMT factory in Guangde, Anhui Province, China was officially put into production.
Swissbit continues its growth trend with Ardian as a new partner
May 14, 2020Together with the management team, investment house, Ardian, is acquiring Swiss memory manufacturer Swissbit.
8% growth in 2019 drives tenth consecutive year of EDA growth
March 30, 2020The Electronic System Design (ESD) Alliance Market Statistics Service (MSS) says that the Electronic Design Automation (EDA) industry revenue increased 2.2% for Q4 2019 to USD 2626.3 million, compared to USD 2570.1 million in Q4 2018.
Czech company acquires German PCB manufacturer
January 28, 2020Gatema a.s. has completed the biggest acquisition in its history to date. The Czech Republic-based company has purchased Germany's Kubatronik – Leiterplatten GmbH Company, a company focused on the development and manufacturing of prototype and test boards.
DirectMed acquires Medical Systems Technologies
December 02, 2019San Diego-based DirectMed Parts & Service has acquired Medical Systems Technologies (MST), a specialist in magnetic resonance imaging (MRI) and computed tomography (CT) component level repair and testing.
Panasonic partners with Siemens in the field of assembly machines
October 28, 2019Panasonic Factory Solutions says it is entering into a partnership with Siemens Factory Automation in the field of assembly machines and factory automation.
EV manufacturer adds Chinese subsidiary for in-country operations
October 23, 2019ElectraMeccanica Vehicles, a designer and manufacturer of electric vehicles, has established EMV Automotive Technology, Inc. (Chongqing), a wholly-owned subsidiary, in China.
Scanfil selects Siemens Opcenter to digitalise operations
October 15, 2019Finnish contract manufacturer and system supplier Scanfil begins implementation of their digitalisation strategy.
EDA industry revenue increase with 6.6% YoY
October 09, 2019Electronic Design Automation (EDA) industry revenue increased 6.6 percent for 2Q/2019 to USD 2472.1 million, compared to USD 2318.5 million in 2Q/2018.
Siemens moves in to new facility in Wrocław
October 03, 2019Siemens Polska has leased about 4,000 square metre of warehouse space at MLP Wrocław logistics park.
Rolls-Royce closes acquisition of Siemens electric aircraft-propulsion businessLoad more news
October 03, 2019Rolls-Royce has completed the acquisition of the electric and hybrid-electric aerospace propulsion activities of Siemens (formerly known as the eAircraft business), following a period of employee consultation.