Siemens Aktiengesellschaft (OTCPK:SIEGY) Q4 2024 Earnings Conference Call November 14, 2024 4:00 AM ET Company Participants Tobias Atzler - Senior Manager, IR Roland Busch - President & CEO Ralf Thoma
Siemens could cut up to 5,000 jobs worldwide in its struggling factory automation business, Chief Executive Roland Busch said on Thursday.
Roland Busch, CEO of Siemens, says President-elect Donald Trump's proposed tariffs are set to push up inflation and lead to higher global prices, although he doesn't expect a direct hit to his busines
Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for next year, citing geopolitical risks like trade conflicts and weak consumer demand.
Siemens has the financial muscle for further software acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair , managing board member Cedrik Neike said.
Siemens could sell off part of its stakes in Siemens Healthineers , Siemens Energy and Fluence to help fund its $10.6 billion Altair acquisition, Chief Financial Officer Ralf Thomas said on Thursday.

Siemens acquires AI specialist Altair Engineering

03:56am, Thursday, 31'st Oct 2024
German industrial giant Siemens announced Wednesday it had acquired software specialist Altair Engineering, valuing the US company at around $10 billion, with the aim of strengthening its position in
Siemens will buy American engineering software firm Altair Engineering in a deal valued at $10.6 billion, the German company said on Wednesday, as it seeks to strengthen its presence in the fast-growi
AUSTIN, Texas--(BUSINESS WIRE)--Siemens and CELUS Collaborate to Simplify AI-Powered PCB Design for SMBs.
Siemens, W.W. Grainger and SiteOne Landscape Supply have been highlighted in this Industry Outlook article.
Persistent weakness in the manufacturing sector clouds the near-term outlook for the Zacks Industrial Services industry. SIEGY, GWW and SITE are expected to navigate the challenges well.
Investors with an interest in Industrial Services stocks have likely encountered both Siemens AG (SIEGY) and W.W. Grainger (GWW).
DETROIT--(BUSINESS WIRE)--KODE Labs, an innovative leader in autonomous smart building technology has hired Ben Dwyer, an expert in cloud solutions for the built environment, as Senior Vice President
Electric vehicle (EV) startup standardizes on Teamcenter X and NX to reduce IT overhead, enhance accessibility across development teams and supply chain PLANO, Texas , Oct. 22, 2024 /PRNewswire/ -- Si
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