Siemens AG announced plans to spin off its $15 billion health-care division in one of the German engineering giant's biggest portfolio revamps as it narrows focus on energy, transport and factory gear.
FRANKFURT— Siemens AG's planned acquisition of automation and industrial software provider Mentor Graphics Corp. is the German giant's latest play to stay competitive in the race to digitize heavy industry.
Newly appointed CTO Roland Busch says the company plans to increase R&D investments by €300M in FY 2017 to ~€5B. Siemens' digital services business amassed more than €1B in revenues in FY 2016 while revenue at its software solutions unit totaled ...
SHANGHAI, Nov 22 China may name the first of its state-owned enterprises (SOE) to be restructured under a mixed-ownership system by the year-end, the business paper China Securities Journal reported on Tuesday, citing unnamed sources.