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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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Siemens to buy CD-adapco for close to US$1 billion: source

2016-01-25 07:52:21| Industrial Machines - Topix.net

Siemens AG , Europe's biggest industrial group, has agreed to buy CD-adapco, a privately held U.S. engineering software firm, for close to US$1 billion in cash, according to a person familiar with the matter. A Siemens logo is pictured on an office building of Siemens AG in Munich May 30, 2014.

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Calgary Transit Unveils New Siemens S200 Light Rail Vehicle

2016-01-21 11:31:09| Industrial Newsroom - All News for Today

--  Unveiling marks delivery of first of 63 new light rail vehicles, strengthening an over 30-year relationship with Calgary Transit --  Siemens design enhances reliability, accessibility and passenger experience and accommodates expansion of Calgary's light rail system CALGARY - Calgary Transit unveiled the first...

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Siemens wins Lima metro electrification contract

2016-01-21 01:00:00| Railway Technology

Siemens has secured a contract from Ansaldo STS to electrify two lines of the Lima metro in Peru, which are currently under construction.

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Siemens AG (SIE) Given a a 96.00 Price Target at Commerzbank AG

2016-01-18 14:14:49| Telecom - Topix.net

The brokerage presently has a a "neutral" rating on the stock. Several other equities research analysts have also recently commented on the stock.

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