Siemens Posts

Siemens launches a $100 million venture fund

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Siemens has launched a new $100 million venture firm called Siemens Venture Capital for investing in early-stage startups that are focused on industrial automation and digital technologies. 

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Nokia Spends $2.2 Billion To Take Control of Nokia Siemens Networks

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has bought full control of the joint-venture Nokia Siemens Networks.  They bought out their partner Siemens for €1.7 billion ($2.2 billion).  Of the €1.7 billion, €1.2 billion will be paid and cash and the rest will be paid in the form of a secure loan due with Siemens one year after the deal is closed.
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Siemens Reportedly Wants To Sell Their 50% Share In Nokia Venture

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Siemens is currently in talks with private equity companies about selling their share in the Nokia Siemens Networks venture.  Siemens has a 50% share in the Nokia Siemens Networks (NSN) venture that may be worth over €7 billion ($9.3 billion) including debt.
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The Siemens Aquaris Hearing Aid Is Water-Proof

Siemens recently announced a new hearing aid called the Aquaris.  The Aquaris has an IP68 rating for continuous submersion underwater to 3 feet.  The Aquaris is also dust- and shock-proof.  The Siemens Aquaris also supports Bluetooth so that people that wear it can listen to music on smartphones and other devices underwater.  When the Aquaris is underwater, it does not compromise on the sound either.  Aquaris has a high-definition of sound with 48 channels and a high frequency resolution.  The frequency range is 12 kHz.  You will need to consult with a physician or otolaryngologist to find out if this device is for you. [Source: Engadget]Siemens Aquaris


NEC and Siemens Bid For A123 Systems

A123 Systems is the bankrupt lithium-ion automotive battery company that has received bids from at least three foreign rivals.  The company was partially funded by the U.S. Department of Energy.  Johnson Controls of Milwaukee and Wanxiang Group Corporation of China both sent out their bids for A123. Two other bidders that recently joined the auction include NEC Corporation of Japan and Siemens AG of Germany.

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Siemens Acquires Smart Grid Company eMeter

Siemens AG (ETR:SIE) has acquired all of the stock in eMeter, a smart grid offering company. eMeter turns meter data into usable information and helps utilities and customers make smarter energy decisions. The deal is expected to be completed by the end of the year.
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Researchers At The Dimona Complex In Israel’s Negev Desert Helped Prevent Iran From Making Bombs

In the New York Times today, a very interesting article was published about the operations of the Dimona complex in the Negev desert. According to military experts, there was a joint effort between America and Israel to circumvent Iran from making nuclear bombs. Below is a passage from The New York Times that explains what is happening in Dimona:
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Amtrak Is Spending $466 Million To Buy 70 Electric High-Speed Trains

Amtrak is spending $466 million for purchasing 70 electric high-speed trains to “provide improved performance and reliability for its Northeast intercity passenger rail services.” Siemens will be handling the contract. About 250 new jobs will be created in Sacramento, Norwood, Ohio, and Alpharetta, Georgia. “These locomotives will be built in America using renewable energy and provide cleaner, more efficient movement of people on the most heavily traveled rail route in the country,” stated Siemens Industry, Inc. president and CEO Daryl Dulaney. [Inhabitat]