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Impact of Siemens’ new acquisition on industrial drive market
Siemens’ acquisition of ebm-papst’s industrial drive technology (IDT) business opens up wider global market access for these products, leveraging Siemens’ extensive global sales channels, says Vanessa Lopez.Read more
Siemens’ Innomotics: Who will purchase this motor giant?
In November of last year, Siemens announced that it is actively seeking a buyer for its Innomotics business. In this article, Vanessa Lopez explores the likely contenders to buy this motor giant.Read more
Boards agrees to sale Siemens’s motor business to Siemens AG subsidiary
Siemens’s Board of Directors approves sale of low voltage motors and geared motors business to a subsidiary of Siemens AG for Rs 2,200 crore. This transaction consequent to intent of Siemens AG to carve out Innomotics business into a legally separate company.Read more