Siemens strengthens leadership in industrial software and AI
Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The
Siemens and Microsoft scale industrial AI
Siemens is revolutionizing industrial automation with Microsoft. Through their collaboration, they have taken the Siemens Industrial Copilot to the next level, enabling it to handle the most demanding environments at scale. Combining Siemens’ unique domain know-how across industries with Microsoft
Siemens launches intelligent link module to boost industrial automation data transparency
With the SIRIUS 3RC7 intelligent link module, Siemens now offers a quick and easy way to gain complete data transparency down to the field level. The plug-and-play expansion module combines information technology (IT) and operational technology (OT) with minimal installation
Siemens Mobility starts rolling stock manufacturing in the United Kingdom
Following an investment of up to €230 million, Siemens Mobility is opening its Train Manufacturing Facility as a key part of its new Goole Rail Village in the United Kingdom, on a site which spans 67 acres, the size of
Siemens Mobility to establish America’s first high-speed rail production facility in Horseheads
U.S. Senate Majority Leader Chuck Schumer, Brightline West and Siemens Mobility announced today that Horseheads, New York will become home to North America’s first high-speed rail production facility. The first-of-its-kind facility in the United States will produce America’s first high-speed
Siemens launches digital decarbonization tool at Climate Week NYC
Siemens Financial Services launched the Decarbonization Business Optimizer (DBO™), a cloud-based tool created to help address the overwhelming complexity of decarbonizing buildings and the financing needed to get to net-zero emissions. The DBO is a free, digital web tool that removes the
Siemens expands management board as focus shifts to AI
By Alexander Hübner BERLIN (Reuters) - Siemens' supervisory board aims to speed up the transition to a technology-focused enterprise by expanding its management board to seven members from five, the company said on Wednesday. Peter Koerte, head of strategy and technology, and
Siemens, Ericsson warn EU cybersecurity rules may disrupt supply chains
By Foo Yun Chee BRUSSELS (Reuters) - Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybersecurity risks of smart devices could disrupt supply chains on a scale similar
UK startup Helixx leans on Siemens to design EV ‘factory in a box’
By Nick Carey LONDON (Reuters) - UK startup Helixx said on Monday it will use Siemens' open digital platform to help design a highly-automated 'factory in a box' that can be built anywhere to assemble smaller, low-cost electric vehicles (EVs), initially