GE TO BUILD ADVANCED MANUFACTURING FACILITY IN PENNSYLVANIA
New center to develop and implement additive manufacturing technologies across GE industrial businesses Strengthen GE’s presence in advanced manufacturing through development of training program for GE technologists in additive manufacturing FAIRFIELD, Conn. – November 12, 2014 – GE today announced that it will build a new manufacturing facility to drive …
QUIRKY + GE REVEAL BLUEPRINT FOR THE CONNECTED HOME
NEW YORK, NY (November 11, 2014) – Quirky, the company that makes invention accessible, and GE (NYSE: GE) today unveiled their joint connected-home strategy focused on affordability, simplicity, and accessibility. The two companies debuted seven connected products — ranging from light switches to security sensors — that are available today …
Earnings Release Q4 FY 2014: Fiscal Year Guidance Achieved – Execution of "Vision 2020" Begun
All figures are preliminary and unaudited. Financial Publications are available for download at: www.siemens.com/ir -> Publications & Calendar. This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such …
Siemens achieves guidance for fiscal 2014
This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. …
Siemens to sell hearing aid business to EQT and Strüngmann family
“The Siemens audiology business has a very strong heritage for innovative, high quality products and we have been particularly impressed with the strong track record over the last couple of years. EQT is fully committed to supporting the management and employees in developing the business further,” said Marcus Brennecke, Partner …
ABB to power new railway line in Africa
Zurich, Switzerland, November 12, 2014 – ABB has won orders worth around $16 million to supply traction substations and auxiliary power supply for a new rail corridor in Ethiopia. The Awash-Kombolcha-Weldia line is part of a five-year growth and transformation plan being implemented by the Ethiopian Government to provide …
Thomson Reuters recognizes ABB as one of 2014’s Top 100 Global Innovators
Zurich, Switzerland, November 7, 2014 – ABB has been recognized by Thomson Reuters as one of the world’s top 100 innovators for a third year. This award acknowledges companies around the world for their outstanding commitment to global innovation, the protection of ideas and the commercialization of inventions. “This …
ABB wins $55 million order in UAE to help integrate solar power into the grid
Zurich, Switzerland, Oct. 27, 2014 – ABB, the leading power and automation technology group, has won an order worth around $55 million from Dubai Electricity & Water Authority (DEWA), the leading power utility in United Arab Emirates (UAE), to build a substation that will integrate power from the Mohammed …
Cubility Appoints Kai Preben Sæveland as Chief Financial Officer
Kai Preben Sæveland To Join Leadership Team As Cubility Prepares for Further Growth Cubility AS, an industry leading provider of solids control solutions that improve efficiencies and HSE around drilling operations, today announced the appointment of Kai Preben Sæveland as the company’s Chief Financial Officer. Kai’s role will be to …
Halliburton and Baker Hughes Reach Agreement to Combine in Stock and Cash Transaction Valued at $34.6 Billion
Halliburton Company and Baker Hughes Incorporated today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughesshare, representing an equity value of $34.6 billion and enterprise value of $38.0 …