Siemens Aktiengesellschaft Sponsored ADR (SIEGY)
Siemens buys US firm Dotmatics for $5.1 bn in AI software push
Germany group Siemens said on Wednesday it is buying Dotmatics, a US software company, for $5.1 billion to leverage its use of artificial intelligence to make drug discoveries.
Siemens Agrees to Buy Dotmatics for $5.1 Billion, Expanding AI Portfolio to Life Sciences
The deal extends Siemens's artificial-intelligence-powered product-lifecycle-management portfolio and increases the company's total addressable market in industrial software by $11 billion.
Siemens to acquire Dotmatics in $5.1 billion deal
Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from Insight Partners.
We must not overreact to geopolitical tensions, says Siemens CEO
Siemens CEO Roland Busch discusses the impact of tariffs on the business and broader economy.
Siemens CFO says political uncertainties weighing on customers decisions
Siemens is seeing some hesitancy among customers in the United States due to political uncertainties, Chief Financial Officer Ralf Thomas said on Wednesday, although he does not expect the situation to last.
Germany's Siemens to cut over 6,000 jobs worldwide
German industrial giant Siemens said Tuesday it planned to cut over 6,000 jobs worldwide due to weak demand and increasing competition in China and in its home market.
Siemens to Cut More Than 6,000 Jobs in Automation, EV Charging Businesses
The German industrial conglomerate said the measures will affect around 5,600 jobs worldwide in the automation segment and around 450 jobs globally in the electric-vehicle charging business.
Siemens to cut 5,600 jobs in automation business
Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company said on Tuesday, saying it was adjusting its production capacity in line with lower demand.
Siemens AG CEO: We speak the language of our customers
Siemens AG CEO Roland Busch discusses investing in the United States on 'The Claman Countdown.'
Siemens announces $285 million investment in US manufacturing
Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.
Why Siemens Stock Crushed It on Wednesday
One of the more impressive stock price pops on Wednesday belonged to a somewhat under-the-radar company for American investors, Siemens (SIEGY 8.44%). The European industrial conglomerate's shares closed the day more than 8% higher on news of a potentially significant new infrastructure program in Germany.
Fast Money: SIEGY, GOOGL, MCHI, CI
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
