Siemens - Wikipedia, The Free Encyclopedia

Type Aktiengesellschaft

Traded as FWB: SIE (http://www.boerse-frankfurt.de/EN/index.aspx?pageID=23&Query=SIE) , NYSE: SI(http://www.nyse.com/about/listed/quickquote.html?ticker=si)

Industry Conglomerate

Founded October 1, 1847 (Berlin)

Founder(s) Werner von Siemens

Headquarters Berlin and Munich, Germany

Area served Worldwide

Key people Peter Löscher(President and CEO)

Joe Kaeser(CFO)

Gerhard Cromme(Chairman of the supervisory board)

Products Communication systems, powergeneration technology, industrialand buildings automation, lighting,medical technology, railwayvehicles, water treatment systems,home appliances, fire alarms, PLMsoftware

Services Business services, financing, projectengineering and construction

Revenue €73.52 billion (2010/2011)[1]

Operatingincome

€7.958 billion (2010/2011)[1]

Net income €6.145 billion (2010/2011)[1]

Total assets €104.24 billion (September 2011)[1]

Siemens AG

SiemensFrom Wikipedia, the free encyclopedia

Siemens AG (German pronunciation: [ˈziːməns]) is a Germanmultinational conglomerate company headquartered inMunich, Germany. It is the largest Europe-based electronicsand electrical engineering company.[2]

Siemens is an integrated technology company with activitiesin the fields of industry, energy and healthcare. It is organisedinto six main divisions: Industry, Energy, Healthcare, EquityInvestments, Siemens IT Solutions and Services and SiemensFinancial Services (SFS).

Siemens and its subsidiaries employ approximately 360,000people across nearly 190 countries and reported globalrevenue of approx 71 billion euros for the year of 2011.[3]

Siemens AG is listed on the Frankfurt Stock Exchange, andhas been listed on the New York Stock Exchange sinceMarch 12, 2001.

Contents

1 History1.1 Founder generation1.2 Turn of the 20th century1.3 World War II era and NaziGermany1.4 Post-war1.5 Chief executives and executiveboard members

2 Corporate divisions2.1 Management2.2 Organization structure

2.2.1 Key business areasand subsidiary companiesbefore 2009

2.3 Joint ventures3 Controversies

3.1 2007 price fixing fine3.2 Bribery case3.3 Iran telecoms controversy3.4 Ruhnama translations

4 Products5 Finance6 Siemens Foundation7 See also

Siemens - Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/Siemens

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Total equity €31.53 billion (September 2011)[1]

Employees 360,000 (September 2011)[1]

Divisions Industry, Energy, Healthcare,Infrastructure and Cities

Website www.siemens.com(http://www.siemens.com/)

Operational Siemens AG 170 kWhydropower generator built andinstalled in 1912 in Tsarska BistritsaPalace, Bulgaria

8 References9 Further reading10 External links

History

Founder generation

See also: Siemens & Halske

Siemens & Halske was founded by Werner von Siemens on 12 October1847. Based on the telegraph, his invention used a needle to point to thesequence of letters, instead of using Morse code. The company, thencalled Telegraphen-Bauanstalt von Siemens & Halske, opened its firstworkshop on October 12.

In 1848, the company built the first long-distance telegraph line in Europe;500 km from Berlin to Frankfurt am Main. In 1850 the founder's youngerbrother, Carl Wilhelm Siemens started to represent the company inLondon. In the 1850s, the company was involved in building long distancetelegraph networks in Russia. In 1855, a company branch headed by another brother, Carl Heinrich vonSiemens, opened in St Petersburg, Russia. In 1867, Siemens completed the monumental Indo-European(Calcutta to London) telegraph line.[4]

In 1807, a Siemens AC Alternator driven by a watermill was used to power the world's first electric streetlighting in the town of Godalming, United Kingdom. The company continued to grow and diversified intoelectric trains and light bulbs. In 1890, the founder retired and left the company to his brother Carl and sonsArnold and Wilhelm.

Turn of the 20th century

See also: Siemens-Schuckert

Siemens & Halske (S&H) was incorporated in 1897, and then merged parts of its activities with Schuckert &Co., Nuremberg in 1903 to become Siemens-Schuckert.

In 1907 Siemens (Siemens & Halske and Siemens-Schuckert) had 34,324 employees and was the seventh-largestcompany in the German empire by number of employees.[5] (see List of German companies by employees in1907)

In 1919, S&H and two other companies jointly formed the Osram lightbulb company. A Japanese subsidiary wasestablished in 1923.

During the 1920s and 1930s, S&H started to manufacture radios, television sets, and electron microscopes.

In 1932, Reiniger, Gebbert & Schall (Erlangen), Phönix AG (Rudolstadt) and Siemens-Reiniger-Veifa mbH(Berlin) merged to form the Siemens-Reiniger-Werke AG (SRW), the third of the so-called parent companiesthat merged in 1966 to form the present-day Siemens AG.[6]


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A Siemens truck being used as a Nazipublic address vehicle in 1932

A 1973 Siemens electron microscope,

In the 1930s Siemens constructed the Ardnacrusha Hydro Power station on the River Shannon in the then IrishFree State, and it was a world first for its design. The company is remembered for its desire to raise the wages ofits under-paid workers only to be overruled by the Cumann na nGaedheal government.[7]

World War II era and Nazi Germany

Preceding World War II, Siemens was involved in funding the rise of theNazi Party and the secret rearmament of Germany. During the secondWorld War, Siemens supported the Hitler regime, contributed to the wareffort and participated in the "Nazification" of the economy. Siemens hadmany factories in and around notorious concentration camps[8][9] to buildelectric switches for military uses.[10] In one example, almost 100,000men and women from Auschwitz worked in a Siemens factory inside thecamp, supplying the electricity to the camp.

In 1972, a German satirist, F. C. Delius, published "Unsere Siemenswelt"(Our Siemens World), a mock history of Siemens. The book was a fakeofficial company publication, which boasted "accomplishments" such asthe installation of the crematoria at Auschwitz. Siemens brought Delius to trial and it was determined much ofthe book contained false claims. Interestingly, a series of depositions, trials, and appeals brought to light theconduct of Siemens during the Nazi regime. Contemporary scholars have been uncovering some of the atrocitiesof Siemens during this time, including forced and slave labor at Ravensbrück and in the Auschwitz subcamp ofBobrek, among others. Additionally, the company supplied electrical parts to concentration camps and deathcamps. The factories had poor working condition, where malnutrition and death were common. Also, thescholarship has shown that the camp factories were created, run, and supplied by the SS, in conjunction withcompany officials, sometimes high-level officials. [11]

Siemens businessman and Nazi Party member John Rabe is credited with saving many Chinese lives during theNanking Massacre. He later toured Germany lecturing on the atrocities committed in Nanking.[12]

Post-war

In the 1950s and from their new base in Bavaria, S&H started tomanufacture computers, semiconductor devices, washing machines, andpacemakers.

In 1966, Siemens & Halske (S&H, founded in 1847), Siemens-Schuckertwerke (SSW, founded in 1903) and Siemens-Reiniger-Werke(SRW, founded in 1932) merged to form Siemens AG.[6]

In 1969, Siemens formed Kraftwerk Union with AEG by pooling theirnuclear power businesses.[13]

The company's first digital telephone exchange was produced in 1980. In1988 Siemens and GEC acquired the UK defence and technologycompany Plessey. Plessey's holdings were split, and Siemens took overthe avionics, radar and traffic control businesses — as Siemens Plessey.

In 1985 Siemens bought Allis-Chalmers' interest in the partnership


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Musée des Arts et Métiers, Paris

Siemens Desiro Class 350Siemens Velaro high speed trains inservice in Changsha, China.

company Siemens-Allis (formed 1978) which supplied electrical controlequipment. It was incorporated into Siemens' Energy and Automationdivision.[14]

In 1987, Siemens reintegrated Kraftwerk Union, the unit overseeing nuclear power business.[13]

In 1991, Siemens acquired Nixdorf Computer AG and renamed it Siemens Nixdorf Informationssysteme AG, inorder to produce personal computers.

In October 1991, Siemens acquired the Industrial Systems Division of Texas Instruments, Inc, based in JohnsonCity, Tennessee. This division was organized as Siemens Industrial Automation, Inc., and was later absorbed bySiemens Energy and Automation, Inc.

In 1997 Siemens agreed to sell the defence arm of Siemens Plessey to British Aerospace (BAe) and a Germanaerospace company, DaimlerChrysler Aerospace. BAe and DASA acquired the British and German divisions ofthe operation respectively.[15]

In October 1997, Siemens Financial Services (SFS) was founded to act as competence center for financingissues and as a manager of financial risks within Siemens.

In 1999, Siemens' semiconductor operations were spun off into a new company known as InfineonTechnologies. Also, Siemens Nixdorf Informationssysteme AG formed part of Fujitsu Siemens Computers AG inthat year. The retail banking technology group became Wincor Nixdorf.

In 2000 Shared Medical SystemsCorporation[16] was acquired bythe Siemens' Medical EngineeringGroup,[17] eventually becomingpart of Siemens MedicalSolutions.

Also in 2000 Atecs-Mannesmanwas acquired by Siemens,[18] Thesale was finalised in April 2001with 50% of the shares acquired,

acquisition, Mannesmann VDO AG merged into Siemens Automotive forming Siemens VDO Automotive AG,Atecs Mannesmann Dematic Systems merged into Siemens Production and Logistics forming Siemens DematicAG, Mannesmann Demag Delaval merged into the Power Generation division of Siemens AG.[19] Other partsof the company were acquired by Robert Bosch GmbH at the same time.[20]

In 2001 Chemtech Group of Brazil was incorporated into the Siemens Group,[21] the company providesindustrial process optimisation, consultancy and other engineering services[22]

Also in 2001, Siemens formed joint venture Framatome with Areva SA of France by merging much of theirnuclear businesses.[13]

In 2003 Siemens acquired the flow division of Danfoss and incorporated it into the Automation and Drivesdivision.[23] Also in 2003 Siemens acquired IndX software (realtime data organisation and presentation).[24][25]

The same year in an unrelated development Siemens reopened its office in Kabul.[26] Also in 2003 agreed to


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A Siemens mobile SXG75 smartphone.

Siemens power generating windturbine towers

buy Alstom Industrial Turbines; a manufacturer of small, medium andindustrial gas turbines for 1.1 billion Euro.[27][28]

In 2004 the wind energy company Bonus Energy in Brande, Denmarkwas acquired,[29][30] forming Siemens Wind Power division.[31] Also in2004 Siemens invested in Dasan Networks (South Korea, broadbandnetwork equipment) acquiring ~40% of the shares,[32] Nokia Siemensdisinvested itself of the shares in 2008.[33] The same year Siemensacquired Photo-Scan (UK, CCTV systems)[34] US Filter Corporation(water and Waste Water Treatment Technologies/ Solutions, acquiredfrom Veolia),[35] Hunstville Electronics Corporation (automobile

electronics, acquired from Chrysler),[36] and Chantry Networks (WLAN equipment)[37]

In 2005 Siemens sold the Siemens mobile manufacturing business to BenQ, forming the BenQ-Siemens division.Also in 2005 Siemens acquired Flender Holding GmbH (Bocholt, Germany, gears/industrial drives),[38] BewatorAB (building security systems),[39] Wheelabrator Air Pollution Control, Inc. (Industrial and power station dustcontrol systems),[40] AN Windenegrie GmbH. (Wind energy),[41] Power Technologies Inc. (Schenectady, USA,energy industry software and training),[42] CTI Molecular Imaging (Positron emission tomography andmolecular imaging systems),[43][44] Myrio (IPTV systems),[45] Shaw Power Technologoes International Ltd(UK/USA, electrical engineering consulting, acquired from Shaw Group),[46][47] and Transmitton (Ashby de laZouch UK, rail and other industry control and asset management).[48]

In 2006, Siemens announced the purchase of Bayer Diagnostics, which was incorporated into the MedicalSolutions Diagnostics division on 1 January 2007,[citation needed] also in 2006 Siemens acquired Controlotron(New York) (ultrasonic flow meters)[49][50] Also in 2006 Siemens acquired Diagnostic Products Corp., KadonElectro Mechanical Services Ltd. (now TurboCare Canada Ltd.), Kühnle, Kopp, & Kausch AG, Opto Control,and VistaScape Security Systems[51]

In March 2007 a Siemens board member was temporarily arrested andaccused of illegally financing a business-friendly labour associationwhich competes against the union IG Metall. He has been released onbail. Offices of the labour union and of Siemens have been searched.Siemens denies any wrongdoing.[52] In April the Fixed Networks, MobileNetworks and Carrier Services divisions of Siemens merged with Nokia'sNetwork Business Group in a 50/50 joint venture, creating a fixed andmobile network company called Nokia Siemens Networks. Nokiadelayed the merger[53] due to bribery investigations against Siemens.[54]

In October 2007, a court in Munich found that the company had bribedpublic officials in Libya, Russia, and Nigeria in return for the awardingof contracts; four former Nigerian Ministers of Communications wereamong those named as recipients of the payments. The companyadmitted to having paid the bribes and agreed to pay a fine of 201 million euros. In December 2007, theNigerian government cancelled a contract with Siemens due to the bribery findings.[55][56]

Also in 2007 Siemens acquired Vai Ingdesi Automation (Argentina, Industrial Automation), UGS Corp., DadeBehring, Sidelco (Quebec, Canada), S/D Engineers Inc., and Gesellschaft für Systemforschung undDienstleistungen im Gesundheitswesen mbH (GSD) (Germany).


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In July 2008, Siemens AG announced a joint venture of the Enterprise Communications business with the GoresGroup. The Gores Group holding a majority interest of 51% stake, with Siemens AG holding a minority interestof 49%.[57]

In January 2009, Siemens announced to sell its 34% stake in Framatome, complaining limited managerialinfluence. In March, it announced to form an alliance with Rosatom of Russia to engage in nuclear-poweractivities.[13]

In April 2009, Fujitsu Siemens Computers became Fujitsu Technology Solutions as a result of Fujitsu buying outSiemens' share of the company.

In October 2009, Siemens signed a $418-million contract to buy Solel Solar Systems an Israeli company in thesolar thermal power business.[58]

In March 2011, it was decided to list Osram on the stock market in the autumn, but CEO Peter Löscher saidSiemens intended to retain a long-term interest in the company, which was already independent from thetechnological and managerial viewpoints.

In September 2011 Siemens announced that after the Fukushima disaster and the turnaround in German energypolicy, the company, responsible for building all 17 of Germany's existing nuclear power plants, would leave thenuclear sector.[59]

Chief executives and executive board members

Werner von SiemensWilhelm von SiemensCarl Friedrich von SiemensHermann von SiemensErnst von SiemensMichael BeckerVolker WalprechtGerd TackeRalf GuntermannTom BladesKarlheinz KaskeMichael Süß

Brigitte EdererMatthias PlatschBernhard PlettnerHeinrich von PiererSiegfried RusswurmRalf ChristianJoe Kaeser, (May 1, 2006–present) CFOKlaus KleinfeldPeter Löscher (2007–present)(CEO)Wolfgang DehenSteve Conner

Corporate divisions

Management

Peter Löscher (formerly of Merck) is the current president and the CEO as of July 1, 2007.[60] He succeededDr. Klaus Kleinfeld after the scandal charges of bribery against Siemens. Gerhard Cromme is the currentchairman of the supervisory board of Siemens AG. He succeeded Dr. Heinrich von Pierer on April 26, 2007.

Organization structure

Since 1 January 2008, the company is divided into 3 sectors and a total of 15 divisions.[61][62]


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Industry Sector (led by Siegfried Russwurm)Comprising six sub-divisions: Industry Automation, Motion Control, Building Technologies,Industry Solutions, Mobility (See Siemens Mobility) and Osram

Energy Sector (led by Michael Süß)Comprising six sub-divisions: Fossil Power Generation, Renewable Energy, Oil & Gas,Service Rotating Equipment, Power Transmission and Power Distribution

Healthcare Sector (led by Hermann Requardt)Comprising three sub divisions: Imaging & IT, Workflow & Solutions and Diagnostics

In March 2011, the Supervisory Board approved Löscher's move to re-organize and create a fourthsector, Infrastructure & Cities, which came into being on October 2011.

In addition two other organisations Siemens IT Solutions and Services and Siemens Financial Services werepart of the group, providing services to the other divisions.[62]

Key business areas and subsidiary companies before 2009

Siemens' five operational business areas before 2009 were:

Automation & Control (Automation & Drives, Industrial Solutions & Services, Siemens BuildingTechnologies)Power,[63]

TransportationRail (see Siemens Transportation Systems)Automotive[64]

Medical (Siemens Healthcare)Information & Communication (Siemens Communications, Siemens IT Solutions and Services)Lighting (OSRAM GmbH, OSRAM Sylvania).

The company also operated subsidiaries for Financing (Siemens Financial Services), Real Estate (Siemens RealEstate), Home Appliances (BSH), Water Technologies (SWT) and Business Services.

Joint ventures

In addition to the Nokia Siemens telecommunications giant formed in 2006 the company has a number of otherjoint ventures:

Siemens Traction Equipment Ltd. (STEZ), Zhuzhou China, is a joint venture between Siemens,Zhuzhou CSR Times Electric Co., Ltd. (TEC) and CSR Zhuzhou Electric Locomotive Co., Ltd.(ZELC). which produces AC drive electric locomotives and AC locomotive traction components.[65]

Silcar Pty. Ltd., Silcar’s parent companies are Siemens Ltd and Thiess Services Pty Ltd. Silcar has50/50 shareholders; Siemens Ltd (a global leader in electrical engineering and electronics) and ThiessServices (a leading integrated engineering and services provider in Australasia and South East Asia).Silcar is a 3,000 person Australian organisation providing productivity and reliability for large scaleand technically complex plant assets. Services include asset management, design, construction,operations and maintenance. Silcar operates across a range of industries and essential servicesincluding power generation, electrical distribution, manufacturing, mining and telecommunications.

Controversies


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2007 price fixing fine

In January 2007 Siemens was fined €396 million by the European Commission for price fixing in EU electricitymarkets through a cartel involving 11 companies, among which ABB, Alstom, Fuji, Hitachi Japan, AE PowerSystems, Mitsubishi Electric Corp, Schneider, Areva, Toshiba and VA Tech[66] According to the Commission,"between 1988 and 2004, the companies rigged bids for procurement contracts, fixed prices, allocated projectsto each other, shared markets and exchanged commercially important and confidential information."[66]

Siemens was given the highest fine of €396 million, more than half of the total, for its alleged leadership role inthe incident.

Bribery case

Siemens agreed to pay a record $1.34 billion in fines in December 2008[67] after being investigated for seriousbribery. The investigation found questionable payments of roughly €1.3 billion, from 2002 to 2006 that triggereda broad range of inquiries in Germany, the United States and many other countries.[68]

In May 2007 a German court convicted two former executives of paying about €6 million in bribes from 1999 to2002 to help Siemens win natural gas turbine supply contracts with Enel, an Italian energy company. Thecontracts were valued at about €450 million. Siemens was fined €38 million.[69]

Iran telecoms controversy

Siemens was part of a joint venture with Nokia in 2008 to provide Iran's monopoly telecom company withtechnology that allowed it to intercept the internet communications of its citizens to an unprecedented degree.[70][71] The technology reportedly allowed it to use 'deep packet inspection' to read and even change the contentof everything from "emails and internet phone calls to images and messages on social-networking sites such asFacebook and Twitter". The technology "enables authorities to not only block communication but to monitor itto gather information about individuals, as well as alter it for disinformation purposes" expert insiders told theWall Street Journal. During the post-election protests in Iran in June 2009, Iran's internet access was reported tohave slowed to less than a tenth of its normal speeds, and experts suspected this was due to the use of theinterception technology.[72] The joint venture company, Nokia-Siemens Networks, asserted in a press releasethat it provided Iran only with a 'lawful intercept capability' "solely for monitoring of local voice calls". "NokiaSiemens Networks has not provided any deep packet inspection, web censorship or Internet filtering capabilityto Iran", it said.[73]

Ruhnama translations

The first part of the Ruhnama book written by Turkmenbashi, the notorious former dictator of Turkmenistan,was translated with assistance of DaimlerChrysler in 2003 to German [74][75], the second part was translatedwith the aid of Siemens.[76] This helped the companies to gain contracts in Turkmenistan.

Products

See also: List of Siemens products

Finance


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Feeling insecure, in September 2011, Siemens transferred more than half-a-billion Euros in cash deposits from alarge French bank to the European Central Bank (ECB). In all, Siemens has deposited between 4 to 6 billionEuros ($5.4 to $8.1 billion) mainly in one-week deposits. Only prominent companies can deposit directly withthe ECB.[77]

Siemens Foundation

Through an American sub-organisation known as the Siemens Foundation, Siemens also devotes funds torewarding students and AP teachers. One of its main programs is the Siemens Westinghouse Competition inmathematics, science, and technology, which annually grants scholarships up to US$100,000 to both individualand team entrants. According to the foundation website, Siemens awards a total of nearly US$2 million inscholarship money every year.[citation needed]

See also

Phoebus cartelAllis-ChalmersBenQ-SiemensSimatic S5 PLCGeneral Electric, an American industrial conglomerate of similar size and variety of businesses.

ReferencesGreider, William (1997). One World, Ready or Not. Penguin Press. ISBN 0-7139-9211-5.

Footnotes

^ a b c d e f "Annual Results 2011"(http://www.siemens.com/press/pool/de/events/2011/corporate/2011-q4/2011-q4-financial-statement-e.pdf) . Siemens. http://www.siemens.com/press/pool/de/events/2011/corporate/2011-q4/2011-q4-financial-statement-e.pdf. Retrieved 15 November2011.

1.

^ "Bloomberg.com" (http://www.bloomberg.com/apps/news?pid=20601100&sid=agxq4nZkE.lc&refer=germany) . http://www.bloomberg.com/apps/news?pid=20601100&sid=agxq4nZkE.lc&refer=germany. Retrieved 2008-01-12.

2.

^ "Siemens AG – Annual Report"(http://www.siemens.com/investor/pool/en/investor_relations/e09_00_gb2009.pdf) .www.siemens.com. July 2010.http://www.siemens.com/investor/pool/en/investor_relations/e09_00_gb2009.pdf. Retrieved 5July 2010.

3.

^ "Siemens history" (http://w4.siemens.de/archiv/en/laender/asien/indien.html) . http://w4.siemens.de/archiv/en/laender/asien/indien.html. Retrieved2008-01-12.

4.

^ Fiedler, Martin (1999). "Die 100 größtenUnternehmen in Deutschland – nach der Zahl ihrerBeschäftigten – 1907, 1938, 1973 und 1995" (inGerman). Zeitschrift für Unternehmensgeschichte(Munich: Verlag C.H. Beck) 1: 32–66.

5.

^ a b "Siemens history site -- Profile"(http://www.webcitation.org/5uABpY0NJ) archivedfrom the original (http://www.siemens.com/history/en/siemens_corporate_archives/profile.htm) on2010-11-11 http://www.webcitation.org/5uABpY0NJ. Retrieved 2010-11-11

6.

^ Bushe, Andrew (August 4, 2002). "Ardnacrusha –Dam hard job" (http://findarticles.com/p/articles/mi_qn4161/is_20020804/ai_n12846719) . SundayMirror. http://findarticles.com/p/articles/mi_qn4161/is_20020804/ai_n12846719. Retrieved 18September 2010.

7.

^ "?" (http://eh.net/bookreviews/library/0503) .Economic History Association. http://eh.net/bookreviews/library/0503.

8.

^ "Zyklon controversy" (http://news.bbc.co.uk/2/hi/business/2233890.stm) . BBC News. September5, 2002. http://news.bbc.co.uk/2/hi/business

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/2233890.stm.^ "Ravensbruck"(http://www.jewishvirtuallibrary.org/jsource/Holocaust/Ravensbruck.html) .Jewishvirtuallibrary.org.http://www.jewishvirtuallibrary.org/jsource/Holocaust/Ravensbruck.html.

10.

^ http://www.adl.org/braun/dim_13_2_forgetting_print.asp

11.

^ John Rabe (http://www.moreorless.au.com/heroes/rabe.html) , moreorless

12.

^ a b c d Vanessa Fuhrmans (2011-04-15). "SiemensRethinks Nuclear Ambitions" (http://online.wsj.com/article/SB10001424052748704547804576260953845777640.html) . The Wall Street Journal.http://online.wsj.com/article/SB10001424052748704547804576260953845777640.html.

13.

^ "Allis-Chalmers & Siemens-Allis ElectricalControl Parts" (http://www.accontroldirect.com/) .information about Siemens-Allis.Accontroldirect.com.http://www.accontroldirect.com/.

14.

^ "Siemens Plessey Electronic Systems"(http://production.investis.com/heritage/nonflash/lineage/systems/1988_siemens_plessey_electonic_s/) . 1988.http://production.investis.com/heritage/nonflash/lineage/systems/1988_siemens_plessey_electonic_s/.

15.

^ Dave Mote. "Company History: Shared MedicalSystems Corporation" (http://www.answers.com/topic/shared-medical-systems-corporation) .Answers.com. http://www.answers.com/topic/shared-medical-systems-corporation.

16.

^ "Company News: Siemans to acquire SharedMedical Systems" (http://www.nytimes.com/2000/05/02/business/company-news-siemens-to-acquire-shared-medical-systems.html) . The New YorkTimes. May 2, 2000. http://www.nytimes.com/2000/05/02/business/company-news-siemens-to-acquire-shared-medical-systems.html.

17.

^ "Mannesmann Arcive - brief history"(http://www.mannesmann-archiv.de/englisch/index.htm) . Mannesmann-archiv.de. Year 2000.http://www.mannesmann-archiv.de/englisch/index.htm.

18.

^ "Report to Securities and Exchange Commission,Washington, D.C." (http://www.siemens.com/investor/pool/en/investor_relations/downloadcenter/36902clean.pdf) . Siemens.com. August 27, 2002.http://www.siemens.com/investor/pool/en/investor_relations/downloadcenter/36902clean.pdf.

19.

^ Bruce Davis (June 1, 2000). "Article: Bosch,20.

Siemens to buy Atecs Mannesmann unit. (BriefArticle)" (http://www.highbeam.com/doc/1G1-63262128.html) . European RubberJournal Article. Highbeam.com.http://www.highbeam.com/doc/1G1-63262128.html.^ "Chemtech: A Siemens' company"(http://www.chemtech.com.br/lportal/web/guest/nossa_empresa) . Chemtech.com.http://www.chemtech.com.br/lportal/web/guest/nossa_empresa.

21.

^ "Chemtech – A Siemens Company"(http://www.energy.siemens.com/us/en/industries-utilities/oil-gas/consulting/chemtech.htm) .energy.siemens.com. http://www.energy.siemens.com/us/en/industries-utilities/oil-gas/consulting/chemtech.htm.

22.

^ "Acquisition of Flow Division of Danfosssuccessful" (http://www.automation.siemens.com/w1/sfi-as-nordborg-acquisition-of-flow-division-of-danfoss-successful-15340.htm) .Automation.siemens.com. 6 September 2003.http://www.automation.siemens.com/w1/sfi-as-nordborg-acquisition-of-flow-division-of-danfoss-successful-15340.htm.

23.

^ "Siemens to buy IndX Software"(http://www.itworld.com/031202siemensindx) .ITworld.com. December 2, 2003.http://www.itworld.com/031202siemensindx.Retrieved 18 September 2010.

24.

^ "Siemens Venture Capital - Investments"(https://finance.siemens.com/financialservices/venturecapital/Portfolio/Previous_Investments/Pages/Previous_Investments.aspx#IndX%20SOFTWARE%20CORPORATION) . IndX SoftwareCorporation. Finance.siemens.com.https://finance.siemens.com/financialservices/venturecapital/Portfolio/Previous_Investments/Pages/Previous_Investments.aspx#IndX%20SOFTWARE%20CORPORATION.

25.

^ United Nations Security Council meeting 4943(http://www.undemocracy.com/meeting/S-PV-4943#pg006-bk02) page 7 on 15 April 2004(retrieved 2007-09-06)

26.

^ Malcolm Moore (April 7, 2003). "Siemens to buyAlstom turbines" (http://www.telegraph.co.uk/finance/2848464/Siemens-to-buy-Alstom-turbines.html) .London: Telegraph.co.uk. http://www.telegraph.co.uk/finance/2848464/Siemens-to-buy-Alstom-turbines.html. Retrieved 18 September 2010.

27.

^ "Alstom completes the sale of its medium gasturbines and industrial steam turbines businesses toSiemens" (http://www.alstom.com/pr_corp_v2/2003/20477.EN.php?languageId=EN&dir=/pr_corp_v2/2003/&idRubriqueCourante=23132). Alstom.com. August 1, 2003.

28.


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http://www.alstom.com/pr_corp_v2/2003/20477.EN.php?languageId=EN&dir=/pr_corp_v2/2003/&idRubriqueCourante=23132.^ Eva Balslev (October 20, 2004). "Siemens buysBonus Energy" (http://guidedtour.windpower.org/composite-324.htm) . Guidedtour.windpower.org.http://guidedtour.windpower.org/composite-324.htm.

29.

^ "Siemens to acquire Bonus Energy A/S inDenmark and enter wind energy business"(http://www.edubourse.com/finance/actualites.php?actu=16515) . Edubourse.com.October 20, 2004. http://www.edubourse.com/finance/actualites.php?actu=16515. Retrieved 18September 2010.

30.

^ "Siemens Venture magazine"(http://www.energy.siemens.com/hq/pool/hq/energy-topics/venture/Venture2.pdf) . energy.siemens.com.May 2005. p. 5. http://www.energy.siemens.com/hq/pool/hq/energy-topics/venture/Venture2.pdf.

31.

^ Michael Newlands (June 17, 2004). "Siemens ICNto invest E100m in Korean unit Dasan"(http://www.totaltele.com/view.aspx?ID=377131) .Total Telecom. Totaltele.com.http://www.totaltele.com/view.aspx?ID=377131.

32.

^ "Nokia Siemens Networks sells 56 pc stake inDasan" (http://economictimes.indiatimes.com/articleshow/3415437.cms) . Reuters.Economictimes.indiatimes.com. August 28, 2008.http://economictimes.indiatimes.com/articleshow/3415437.cms.

33.

^ "Siemens hits the UK market running withPhoto-Scan takeover"(http://www.accessmylibrary.com/coms2/summary_0286-14639150_ITM) . CCTV Today.November 1, 2004. http://www.accessmylibrary.com/coms2/summary_0286-14639150_ITM.

34.

^ "Siemens acquires US Filter Corp (Siemens setztauf Wasser und plant weitere Zukaufe)"(http://www.accessmylibrary.com/coms2/summary_0286-21319562_ITM) . EuropeIntelligence Wire (Accessmylibrary.com). May 13,2004. http://www.accessmylibrary.com/coms2/summary_0286-21319562_ITM. Retrieved 18September 2010.

35.

^ "Chrysler Group's Huntsville electronics ops to beacquired by Siemens VDO Automotive"(http://www.emsnow.com/newsarchives/archivedetails.cfm?ID=4018) . Emsnow.com.February 10, 2004. http://www.emsnow.com/newsarchives/archivedetails.cfm?ID=4018.

36.

^ John Cox (December 10, 2004). "Siemensswallows start-up Chantry"(http://news.techworld.com/mobile-wireless/2789/siemens-swallows-start-up-chantry/) . NetworkWorld Fusion Network World US.

37.

News.techworld.com. http://news.techworld.com/mobile-wireless/2789/siemens-swallows-start-up-chantry/. Retrieved 18 September 2010.^ "Company History: Flender"(http://www.flender.com/content_manager/page.php?ID=6026959&dbc=9bcf52d140b1851dc151087510875506) .Flender.com. http://www.flender.com/content_manager/page.php?ID=6026959&dbc=9bcf52d140b1851dc151087510875506.

38.

^ "Bewator: a bright future with a brand new name"(http://www.buildingtechnologies.siemens.com/bt/uk/News_and_Events/Electronic_Security_Products/Documents/Name_change.pdf) .buildingtechnologies.siemens.com. April 2008.http://www.buildingtechnologies.siemens.com/bt/uk/News_and_Events/Electronic_Security_Products/Documents/Name_change.pdf.

39.

^ "Siemens Power Generation AcquiresPittsburgh-Based Wheelabrator Air PollutionControl, Inc.; Business Portfolio Expanded to IncludeEmission Prevention and Control Solutions"(http://findarticles.com/p/articles/mi_m0EIN/is_2005_Oct_5/ai_n15676372/) . Business Wire(Findarticles.com). October 5, 2005.http://findarticles.com/p/articles/mi_m0EIN/is_2005_Oct_5/ai_n15676372/.

40.

^ "Siemens uebernimmt AN Windenergie GmbH"(http://www.windmesse.de/presse/1989.html) .Windmesse.de. November 3, 2005.http://www.windmesse.de/presse/1989.html.

41.

^ Higgins, Dan (January 11, 2005). "Germanconglomerate Siemens buys Schenectady,N.Y.-based energy software firm"(http://www.accessmylibrary.com/article-1G1-126906008/german-conglomerate-siemens-buys.html) . Times Union (Albany, New York)(Accesssmylibrary.com).http://www.accessmylibrary.com/article-1G1-126906008/german-conglomerate-siemens-buys.html.

42.

^ "Siemens buys CTI molecular imaging"(http://www.allbusiness.com/specialty-businesses/855501-1.html) . Instrument Business Outlook.Allbusiness.com. May 15, 2005.http://www.allbusiness.com/specialty-businesses/855501-1.html.

43.

^ "Siemens acquires CTI Molecular Imaging"(http://www.thefreelibrary.com/Siemens+acquires+CTI+Molecular+Imaging.-a0209239134) . Thefreelibrary.com.http://www.thefreelibrary.com/Siemens+acquires+CTI+Molecular+Imaging.-a0209239134.

44.

^ "Myrio" (http://www.crunchbase.com/company45.


11 of 14 21-02-2012 19:40

/myrio) . Crunchbase.com.http://www.crunchbase.com/company/myrio.^ "Siemens Power Transmission acquires ShawPower Tech Int Ltd from Shaw Group Inc"(http://www.alacrastore.com/storecontent/Thomson_M&A/Siemens_Power_Transmission_acquires_Shaw_Power_Tech_Int_Ltd_from_Shaw_Group_Inc-1630172040) . Thomson Financial Mergers &Acquisitions. Alacrastore.com. December 2004.http://www.alacrastore.com/storecontent/Thomson_M&A/Siemens_Power_Transmission_acquires_Shaw_Power_Tech_Int_Ltd_from_Shaw_Group_Inc-1630172040.

46.

^ "Siemens Power Transmission & Distribution hasacquired the business activities of Shaw PowerTechnologies Inc. in the U.S. and Shaw PowerTechnologies Limited in the U.K."(http://www.accessmylibrary.com/coms2/summary_0286-18980280_ITM) . UtilityAutomation & Engineering T&D (Alacrastore.com).January 1, 2005. http://www.accessmylibrary.com/coms2/summary_0286-18980280_ITM.

47.

^ "Siemens acquires Transmitton"(http://www.siemenstransportation.co.uk/press/PR_SiemensAcquiresTransmitton_15_09_05.pdf) .Press release. Siemenstransportation.co.uk. August15, 2005. http://www.siemenstransportation.co.uk/press/PR_SiemensAcquiresTransmitton_15_09_05.pdf.

48.

^ "Siemens Acquires Controlotron"(http://impeller.net/magazine/news_en/doc3511x.asp). Impeller.net. http://impeller.net/magazine/news_en/doc3511x.asp.

49.

^ "Controlotron Company Reference"(http://www.sea.siemens.com/us/Products/Process-Instrumentation/Support/Pages/Controlotron-Clamp-on-Reference.aspx) . Sea.siemens.com.http://www.sea.siemens.com/us/Products/Process-Instrumentation/Support/Pages/Controlotron-Clamp-on-Reference.aspx. []

50.

^ http://www.buildingtechnologies.siemens.com/bt/us/Press/press_release/2006/Pages/2006SBTAcquiresVistascape.aspx

51.

^ "Board member arrested in new blow for Siemens"(http://www.ft.com/cms/s/75295b46-dcc9-11db-a21d-000b5df10621.html) . http://www.ft.com/cms/s/75295b46-dcc9-11db-a21d-000b5df10621.html.

52.

^ Associated Press quoted by Forbes: Nokia-Siemens Venture to Start in April(http://www.forbes.com/feeds/ap/2007/03/15/ap3519507.html) , March 15, 2007

53.

^ International Herald Tribune: Bribery trial deepensSiemens woes (http://www.iht.com/articles/2007/03

54.

/13/business/siemens.php) , March 13, 2007^ Agande, Ben; Miebi Senge (2007-12-05). "Bribe:FG blacklists Siemens"(http://www.vanguardngr.com/index.php?option=com_content&task=view&id=2621&Itemid=41) . Vanguard (Vanguard Media).http://www.vanguardngr.com/index.php?option=com_content&task=view&id=2621&Itemid=41. Retrieved 2007-12-07.

55.

^ Taiwo, Juliana (2007-12-06). "FG BlacklistsSiemens, Cancels Contract" (http://web.archive.org/web/20071208042202/http://www.thisdayonline.com/nview.php?id=97185) . Thisday (Leaders &Company). Archived from the original(http://www.thisdayonline.com/nview.php?id=97185)on 2007-12-08. http://web.archive.org/web/20071208042202/http://www.thisdayonline.com/nview.php?id=97185. Retrieved 2007-12-07.

56.

^ "Siemens to spin off SEN into JV with GoresGroup" (http://uk.reuters.com/article/oilRpt/idUKL928141920080729) . Reuters. July 29, 2008.http://uk.reuters.com/article/oilRpt/idUKL928141920080729.

57.

^ "Siemens to decisively strengthen its position inthe growth market solar thermal power.Referencenumber: Siemens ERE200910.13e"(http://w1.siemens.com/press/pool/de/pressemitteilungen/2009/renewable_energy/ERE20091013e.pdf) (PDF) (Press release). SiemensAG. Press Office Energy Sector – Renewable EnergyDivision. October 15, 2009. http://w1.siemens.com/press/pool/de/pressemitteilungen/2009/renewable_energy/ERE20091013e.pdf.Retrieved 4 may 2011.

58.

^ "Siemens to quit nuclear industry"(http://www.bbc.co.uk/news/business-14963575) .BBC News. September 18, 2011.http://www.bbc.co.uk/news/business-14963575.

59.

^ AFX (June 29, 2007). "Siemens' New CEOLoescher Replaces Kleinfeld" (http://www.cnbc.com/id/19498968) . CNBC. http://www.cnbc.com/id/19498968. Retrieved 19 September 2010.

60.

^ "New organizational structure of Siemens AG asof January 1, 2008" (http://w1.siemens.com/press/en/events/press-briefing.php) .http://w1.siemens.com/press/en/events/press-briefing.php. Retrieved 2008-03-08.

61.

^ a b "Siemens organizes operations in three Sectorswith total of 15 Divisions" (http://www.siemens.com/press/pool/de/pr_cc/2007/11_nov/axx20071116e.pdf) . Press release. Siemens.com.November 28, 2007. http://www.siemens.com/press/pool/de/pr_cc/2007/11_nov/axx20071116e.pdf.Retrieved 18 September 2010.

62.

^ "Power Generation, Power Transmission &63.


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Distribution" (http://www.energy-portal.siemens.com/) . http://www.energy-portal.siemens.com/.^ "Siemens VDO" (http://www.siemensvdo.com) .http://www.siemensvdo.com.

64.

^ "Siemens Traction Equipment Ltd., Zhuzhou"(http://cn.siemens.com/cms/cn/Chinese/TS/Mobility/media/Media%20pool%20content/Documents/090903_Company%20Brochure_STEZ.pdf) .CN.siemens.com. http://cn.siemens.com/cms/cn/Chinese/TS/Mobility/media/Media%20pool%20content/Documents/090903_Company%20Brochure_STEZ.pdf.

65.

^ a b "EU cracks down on electricity-gear cartel"(http://www.euractiv.com/en/energy/eu-cracks-electricity-gear-cartel/article-161169) . EurActiv.January 25, 2007. http://www.euractiv.com/en/energy/eu-cracks-electricity-gear-cartel/article-161169.

66.

^ Lichtblau, Eric; Dougherty, Carter (2008-12-16)."Siemens to Pay $1.34 Billion in Fines, The NewYork Times" (http://www.nytimes.com/2008/12/16/business/worldbusiness/16siemens.html?_r=1&hp=&pagewanted=print) . http://www.nytimes.com/2008/12/16/business/worldbusiness/16siemens.html?_r=1&hp=&pagewanted=print.Retrieved 2008-12-16.

67.

^ Carter Dougherty (December 14, 2007). "Siemensrevokes appointment after reviewing files in briberycase" (http://www.iht.com/articles/2007/12/14/business/siemens.php) . The New York Times.http://www.iht.com/articles/2007/12/14/business/siemens.php.

68.

^ Sims, G. Thomas (2007-05-15). "The New YorkTimes" (http://www.nytimes.com/2007/05/15/business/worldbusiness/15siemens.html) .http://www.nytimes.com/2007/05/15/business/worldbusiness/15siemens.html. Retrieved2007-05-15.

69.

^ Cellan-Jones, Rory (2009-06-22). "Hi-tech helpsIranian monitoring" (http://news.bbc.co.uk/1/hi/technology/8112550.stm) . BBC News.

70.

http://news.bbc.co.uk/1/hi/technology/8112550.stm.Retrieved 2010-04-07.^ Eli Lake (April 13, 2009). "Fed contractor, cellphone maker sold spy system to Iran"(http://www.washingtontimes.com/news/2009/apr/13/europe39s-telecoms-aid-with-spy-tech/) .Washington Times. http://www.washingtontimes.com/news/2009/apr/13/europe39s-telecoms-aid-with-spy-tech/.

71.

^ Rhoads, Christopher; Chao, Loretta (2009-06-22)."Iran's Web Spying Aided By Western Technology"(http://online.wsj.com/article/SB124562668777335653.html#mod) . The WallStreet Journal. http://online.wsj.com/article/SB124562668777335653.html#mod.

72.

^ "Provision of Lawful Intercept capability in Iran"(http://www.nokiasiemensnetworks.com/global/Press/Press+releases/news-archive/Provision+of+Lawful+Intercept+capability+in+Iran.htm) . Espoo, Finland: Nokia Siemens Networks. June22, 2009. http://www.nokiasiemensnetworks.com/global/Press/Press+releases/news-archive/Provision+of+Lawful+Intercept+capability+in+Iran.htm. Retrieved 19 September 2010.

73.

^ Matthias Brüggmann: Der bizarrste Diktator derWelt ist tot. (http://www.handelsblatt.com/politik/international/der-bizarrste-diktator-der-welt-ist-tot/2748362.html) Handelsblatt, 21. Dezember 2006

74.

^ Gesellschaft für bedrohte Völker: Ruhnama - ImSchatten des Heiligen Buches. DieMenschenrechtslage in Turkmenistan(http://www.gfbv.de/uploads/download/download/59.pdf)

75.

^ Big Business in Turkmenistan. Sendung vom 11.November 2009 (http://www.mdr.de/doku/leben-heute/6741104.html) Mitteldeutscher Rundfunk

76.

^ "Siemens shelters up to €6bn at ECB"(http://www.ft.com/intl/cms/s/0/dca4cc08-e096-11e0-bd01-00144feabdc0.html#axzz1YScsPtqK) .September 20, 2011. http://www.ft.com/intl/cms/s/0/dca4cc08-e096-11e0-bd01-00144feabdc0.html#axzz1YScsPtqK.

77.

Further reading

Weiher, Siegfried von /Herbert Goetzeler (1984). The Siemens Company, Its Historical Role in theProgress of Electrical Engineering 1847–1980, 2nd ed. Berlin and Munich.Feldenkirchen, Wilfried (2000). Siemens, From Workshop to Global Player, Munich.Feldenkirchen, Wilfried / Eberhard Posner (2005): The Siemens Entrepreneurs, Continuity andChange, 1847–2005, Ten Portraits, Munich.

External links


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Official website (http://www.siemens.com/)Siemens Foundation (http://www.siemens-foundation.org)

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