- Business
- Siemens AG (SIE.DE) is a leading global technology company focused on industry, infrastructure, mobility, and healthcare that engineers systems and solutions to accelerate customers' digital and sustainability transformations worldwide. Founded in 1847 and headquartered in Munich, Germany, the company operates in more than 200 countries with approximately 318,000 employees and generated €78.9 billion in revenue for fiscal year 2025 ended September 30. Its core offerings span digital industries including automation systems, industrial software, and digital twin technologies; smart infrastructure encompassing building management systems, energy automation, and smart grid solutions; mobility solutions such as rail automation, traffic management, and electric vehicle charging infrastructure; and healthcare through Siemens Healthineers providing diagnostic imaging like magnetic resonance, computed tomography, X-ray, and ultrasound systems, laboratory and point-of-care diagnostics, cancer care technologies via Varian Medical Systems, advanced therapies for image-guided procedures, and health IT services; complemented by Siemens Financial Services offering project financing, asset financing, and leasing. Recent developments include the May 2024 agreement to divest its Innomotics electric motor business to KPS Capital Partners for €3.5 billion, expected to close in early 2025; the November 2025 completion of acquiring ebm-papst's Industrial Drive Technology division to bolster flexible manufacturing automation and battery-powered drive solutions within the Siemens Xcelerator portfolio; the April 2025 acquisition of Dotmatics for $5.1 billion to strengthen AI-powered product lifecycle management software in life sciences; an expanded partnership with Capgemini announced in October 2025 to integrate industrial automation with industry expertise for manufacturing transformation; and the November 2025 advancement of its ONE Tech Company program targeting €50 billion in total addressable market expansions through industrial AI and generative AI applications.