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Siemens Will Split Mechanical Drives Business Unit

Siemens Will Split Mechanical Drives Business Unit

by Jared Kearby | 2017, March, 24 | Articles, Industrial Automation, Jared Kearby

In a recent announcement, Siemens plans to restructure its Mechanical Drives business unit. Siemens states, that “to achieve greater room to maneuver and intensify its business-specific orientation, the unit is to be managed in the future as a separate company...
Schaeffler Acquires Majority Share of Compact Dynamics

Schaeffler Acquires Majority Share of Compact Dynamics

by Jared Kearby | 2017, January, 24 | Articles, Industrial Automation, Jared Kearby

Schaeffler announced plans in December to become the majority shareholder of the high-end electric motor manufacturer Compact Dynamics GmbH. The 51% stake would be sold by the current majority owner, SEMIKRON International GmbH, with an option to purchase the...
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