Posted by:
Siemens-Gamesa Merger Crosses Finish Line
Official Press Release Siemens:
Siemens drives implementation of Vision 2020 with Mentor Graphics acquisition and Gamesa merger
Gamesa and Mentor Graphics transactions successfully closed / Major portfolio steps in orientation toward growth fields in electrification, automation and digitalization / Key milestones for customers, employees and shareholders
Siemens today concluded the merger of its wind power business with Gamesa on schedule. A few days ago, the company completed its acquisition of industry software provider Mentor Graphics earlier than originally planned. "Closing the two deals has enabled us to achieve another key milestone in implementing Vision 2020," said Siemens President and CEO Joe Kaeser. "With the new wind power company, we've created a global market leader in the area of renewable energies. Mentor Graphics will help us further expand our leading role in the... ... More: Official Press Release Siemens