Market Data Current As Of: September 12, 2026
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Explore Siemens
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Compare market positioning with top industry peers
Explore Siemens
Core profile pages, annual revenue records, and related research hubs for this company.
Company History
Founded 1847 in Munich and Berlin, Germany
Werner von Siemens and Johann Georg Halske founded the company in 1847 as a telegraph and electrical engineering business. Its early identity was built around precision engineering, infrastructure and practical electrification.
Werner von Siemens and Johann Georg Halske found the company as an electrical telegraph and engineering business.
Several Siemens predecessor companies combine into the modern Siemens AG structure.
Siemens acquires UGS, building the PLM base that later becomes central to its industrial software strategy.
Siemens lists Siemens Healthineers while retaining a major ownership stake.
Siemens separates Siemens Energy, narrowing the parent company around industrial technology.
Roland Busch succeeds Joe Kaeser and accelerates the digital-industries and infrastructure strategy.
Siemens reports EUR78.914B revenue and EUR10.387B net income for FY2025.
Siemens reports roughly stable Q2 FY2026 revenue while maintaining its fiscal-year operating focus.
Siemens acquired US software firm UGS Corporation for $3.5 billion to build an industrial software and PLM (product lifecycle management) platform, its first major move into design and simulation software rather than physical industrial equipment.
Siemens paid $4.5 billion for Mentor Graphics to add electronic design automation (EDA) software, extending its digital-twin capability from mechanical and factory design into semiconductor and electronics design.
Siemens Healthineers, Siemens' majority-owned, separately listed healthcare unit, acquired oncology-equipment maker Varian Medical Systems for $16.4 billion to scale up in cancer-treatment technology.
Siemens acquired Brightly Software for about $1.575 billion to add asset- and maintenance-management software for buildings and public infrastructure.
Siemens paid about $10 billion for Altair Engineering to add simulation, high-performance computing (HPC), and data-analytics software to its industrial-software stack.
Since its establishment in 1847, Siemens AG expanded from an early-stage venture into a recognized leader in Industrial Technology and Automation, overcoming key market challenges.
Over its history, Siemens AG executed decisive strategic pivots toward scalable monetization and digital distribution, securing its current market leadership.
By continually modernizing operations and embracing workflow automation, Siemens AG maintains resilience through changing technological and economic cycles.