The Latest Breaking News from Siemens

The factory in Congleton has been in operation for 50 years

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.

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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…

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…

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…

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.…

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

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