Siemens acquisition of Mermec to bolster rail signaling and diagnostics in Italy Siemens acquisition of Mermec expands its rail signaling and diagnostics footprint in Italy; deal reported near €1.2bn and …
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Siemens
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Business
Siemens acquires Mermec in €1.2 billion deal to strengthen rail signaling
by Leo Müllerby Leo MüllerSiemens acquires Mermec’s core rail business in deal reported near €1.2bn Siemens acquires Mermec’s core rail business, reported near €1.2bn, boosting its signal and diagnostics portfolio and targeting significant revenue …
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Business
Siemens reports mixed Q2 with digital business up 19% and €6bn buyback
by Leo Müllerby Leo MüllerSiemens Q2 results show mixed quarter with €2.2bn profit, strong digital growth and €6bn buyback Siemens Q2 results: €2.2bn net profit as FX headwinds dent growth; Digital Industries and Smart …
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Business
Siemens invests in Vulcan Energy Lionheart lithium project in Upper Rhine Graben
by Leo Müllerby Leo MüllerSiemens Joins Vulcan in Oberrheingraben Lithium Lionheart Project Siemens signs framework with Vulcan Energy to back the Oberrheingraben Lionheart lithium project, supplying automation tech and up to €67M equity by …