Siemens

Siemens AG NYSE: SI is the world's largest electronics company. Its international headquarters are in Munich, Germany. Siemens AG is listed on the Frankfurt Stock Exchange and also on the New York Stock Exchange since March 12, 2001. Worldwide, Siemens and its subsidiaries employ 440,000 people (2005) in 190 countries and reported global sales of €75,167 billion in fiscal year 2004.

History
Siemens Official History Web Site
It was founded by Werner von Siemens on October 1, 1847, based on the telegraph he had invented that used a needle to point to the sequence of letters, instead of using the Morse code. The company – then called Telegraphen-Bauanstalt von Siemens & Halske – took occupation of its workshop on October 12.

In 1848, the company built the first long-distance telegraph line in Europe, spanning 500 km from Berlin to Frankfurt am Main. In 1850 the founder's younger brother, Sir William Siemens (born Carl Wilhelm Siemens), started to represent the company in London. In the 1850s, the company was involved in building long distance telegraph networks in Russia. In 1855, a company branch opened in St Petersburg, headed by another brother, Carl von Siemens.

The company continued to grow and diversified into electric trains and light bulbs. In 1890, the founder retired and left the company to his brother Carl and sons Arnold and Wilhelm. Siemens & Halske (S&H) was incorporated in 1897.

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

World War II
During the 1920s and 1930s, S&H started to manufacture radios, television sets, and electron microscopes. Before World War II Siemens was involved in the secret rearmament of Germany. During World War II, Siemens employed Jews and Roma as slave labour and ran its own concentration camp near Auschwitz.

Post-war
In the 1950s, S&H started to manufacture computers, semiconductor devices, laundry machines, and heart pace makers. Siemens AG was incorporated in 1966. The company's first digital telephone exchange was produced in 1980. In 1988 Siemens and GEC acquired the UK defense and technology company Plessey. The holdings of Plessey were split; Siemens taking over the avionics, radar and traffic control businesses — renamed Siemens Plessey.

In 1990, Siemens acquired failing Nixdorf Computer Company and renamed it Siemens Nixdorf Informationssysteme AG. Siemens Nixdorf Informationssysteme AG has since turned profitable under the stewardship of Gerhard Schumeyer. In 1997 Siemens introduced the first GSM cellular phone with color display. Also in 1997 Siemens agreed with British Aerospace and DASA the sale of the defence arm of Siemens Plessey. BAe and DASA acquired the British and German arms of the operation respectively.

In 1999, Siemens' semiconductor operations were spun off into a new company that would become Infineon Technologies.

In 2005 the Taiwanese company BenQ acquired the financially bleeding mobile phone subsidiary from Siemens and gained the exclusive right to use Siemens trademark for 5 years. Before transfering the mobile phone subsidiary to BenQ, Siemens invested 250 million euros and wrote down assets ammounting to 100 million euros (www.newratings.com: Siemens sells mobile phone unit to BenQ). Siemens also acquired a 2.5% stake in BenQ for 50 million euros.

Key business areas of Siemens AG
Communication and Information
Automation and Control
Power
Transportation and Automotive
Medical
Lighting (Osram)
Financing
Real Estate
Home Appliances
Water Technologies (USFilter)
Computers (Fujitsu Siemens)

Products
Combino, ULF, and Avanto trams
Desiro, ICE, and Transrapid trains
Hicom Trading Evolution HTE
HiPath
MSR32R
EWSD telephone exchanges
Siemens Gigaset cordless telephones
Siemens Mobile Phones - divested to BenQ in 2005
Siemens Teleperm XP Control System
Radio and core products for 2G and 3G Mobile Networks (GSM, UMTS, ...)
Gas & Steam Turbines
The Siemens Servo life support ventilator line
MAGNETOM(TM) Espree
SOMATOM(R) Sensation
Tussy
AXIOM Artis
Symbia TruePoint SPECT-CT

Some of Siemens' recently acquired companies
IndX Software (2004)
Chrysler Group’s Huntsville Electronics Corporation (2004)
USFilter Corporation (2004)
Woodlands Technology (2004)
Alstom Industrial Turbine Business (2005)
Jet Turbine Services (2005)
Shaw Power (2005)
Chantry Networks (2005)
Myrio (2005)
CTI Molecular Imaging (2005)
Evoline (2005)
VA Tech (2005)

Management
CEO: Klaus Kleinfeld, 1957 ([1])

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Key business siemens areas of
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Communication and Information
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Power
Transportation and Automotive
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Lighting (Osram)
Financing
Real Estate
Home
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Water Technologies ( USFilter)

Computers (Fujitsu Siemens)

s66 Products
Combino, ULF, and Avanto trams
Desiro, ICE,
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Hicom
Trading business polyphonic siemens Evolution HTE
HiPath
MSR32R
EWSD telephone exchanges
Siemens Gigaset cordless sf65 free telephones
2420 Siemens Mobile Phones - divested to BenQ manager in 2005
Siemens Teleperm XP siemens Control System
Radio and core products for 2G and electric 3G Mobile Networks (GSM,
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The Siemens authorization Servo technology life support ventilator line
MAGNETOM(TM) Espree
SOMATOM(R) Sensation
Tussy
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siemens Symbia TruePoint accessories SPECT-CT

Some of Siemens' recently acquired companies
IndX Software (2004)
Chrysler Group’s software Huntsville cf62t Electronics Corporation (2004)
USFilter speedstream
building Corporation (2004)
Woodlands Technology ( phone 2004)
Alstom headset Industrial Turbine Business (battery 2005)
Jet Turbine Services ( 2005)
Shaw Power (2005)
Chantry Networks (2005)
Myrio (2005)
step CTI Molecular Imaging (2005)

Evoline (2005)
VA Tech (2005)

appliances Management
CEO: Klaus motor suite Kleinfeld, 1957 (siemens [1]) polyphonic

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