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Siemens AG likely to buy CD-adapco for nearly Rs 6,778 crore

2016-01-25 15:51:50| Telecom - Topix.net

Siemens and its subsidiaries employ approximately 362,000 people worldwide and reported global revenue of around $71.9 billion in 2014. Siemens AG, the German multinational conglomerate company and Europe's biggest industrial group, is likely to announce buying of CD-adapco, a privately held US engineering software firm, for close to $1 billion in cash.

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