Tag Archives: Siemens

Siemens: The future is smart

Nestled on the edge of the Western Ghats in the eastern suburb of Kalwa near Mumbai is a sprawling manufacturing campus that belongs to German engineering conglomerate Siemens’ Indian arm, Siemens Ltd. A wide spectrum of industrial products ranging from motors to switchgear is made in this factory, which came up way back in the 1960s. On a wet July ... Read More »

Siemens to Buy Mentor Graphics in $4.5 Billion Deal

Siemens agreed to buy US-based Mentor Graphics in a $4.5 billion (roughly Rs. 30,452 crores) cash deal that will further enhance the German engineering group’s industrial software capabilities. Siemens said on Monday it would pay $37.25 per share for Mentor Graphics, which makes software for designing semiconductors, a 21 percent premium to Friday’s closing price. Siemens Chief Executive Joe Kaeser ... Read More »