Siemens

Siemens was founded in Berlin in 1847 by Werner von Siemens and Johann Georg Halske. The company is headquartered in Munich, Germany, and is listed on the Frankfurt Stock Exchange under the ticker SIE, with ADRs also traded in New York. Siemens is one of the largest industrial and technology conglomerates globally, employing hundreds of thousands of people worldwide.

Siemens organizes its business around several major divisions: industrial automation and control systems under the Siemens Digital Industries brand, smart building and grid infrastructure under Siemens Smart Infrastructure, and public transportation under Siemens Mobility, which covers rail systems and related equipment. The company serves industrial customers, manufacturers, infrastructure operators, and public authorities across the world.

In 2020, Siemens executed a major spin-off by separately listing Siemens Energy, separating its energy business from the core industrial operations. Siemens Healthineers, the medical imaging and diagnostics division, is separately listed on the Frankfurt Stock Exchange under the ticker SHL, though Siemens AG retains a majority stake.

Siemens' flagship industrial software platform is called Xcelerator, offering product lifecycle management (PLM) tools, simulation and design environments, and automation software. The long-standing Simatic brand covers programmable logic controllers (PLCs) and factory automation systems. In rail, Siemens Mobility produces the Velaro high-speed train family and signaling systems for transit networks.

In industrial automation, Siemens competes with ABB, Rockwell Automation, and Honeywell. In PLM software, it competes with Dassault Systèmes and PTC. Siemens acquired Mentor Graphics in 2017 for approximately $4.5 billion, a transaction that substantially expanded its presence in EDA (electronic design automation); the resulting business now operates as Siemens EDA.

Siemens has maintained a presence in Israel for decades, with offices in Tel Aviv. Local operations include sales, marketing, and customer support for industrial and infrastructure clients. Following the Mentor Graphics acquisition and the formation of Siemens EDA, there is also R&D activity in Israel focused on electronic design automation.