German industrial conglomerate Siemens XE:SIE said Wednesday it will spin out its motors and large drives company. The company, to be called Innomotics, will be based in Nuremberg, Germany, and ...

As the market digests the announcement about the new Nokia Siemens Networks joint venture, more news from Siemens is imminent, this time regarding its enterprise product unit. Topics Spotlight ...

Siemens said it expects paring its number of business units will increase the company’s annual growth rate and profit margin for its industrial business by 2% over what it called the “medium ...

Germany-based Siemens AG said it will split off part of its industrial logistics division early next year in an effort to turn around unprofitable units, Bloomberg reported.

Siemens in a March report cut its 2018 forecast for the large turbine market by 10%, to 100 units. Board member Lisa Davis, who is responsible for the unit, in May said she did not see signs of a ...

The units in the 50-50 venture, "Nokia Siemens Networks," had sales of 15.8 billion euros ($20 billion) last year, which would make it the second-biggest mobile equipment player and third in fixed ...

While the market digests the announcement about the new Nokia Siemens Networks joint venture, more news from Siemens, this time regarding its enterprise product unit, is imminent.

German medical equipment maker Siemens Healthineers is in the early stages of weighing options for its diagnostics business, which has little overlap with other units, a person familiar with the ...