SIEGY Stock Recent News

SEATTLE--(BUSINESS WIRE)--Outreach, the first and only AI Sales Execution Platform built for intelligent revenue workflows, today announces an expanded partnership with the Digital Industries business at Siemens, a leading technology company. Working with Outreach, the Digital Industries team is enhancing data-driven workflows to unify global prospecting, pipeline management and forecasting. By better harnessing sales engagement data, improving data hygiene and quality, and further harmonizing.

Investors interested in Industrial Services stocks are likely familiar with Siemens AG (SIEGY) and W.W. Grainger (GWW).

Siemens is poised to benefit from growing demand for industrial technology and electrification, leveraging AI and recent acquisitions to enhance their offerings. Siemens' strategic acquisitions, including Altair and Dotmatics, strengthen their position in industrial technology and life sciences. Despite macroeconomic challenges, Siemens maintains strong financial performance, with a manageable debt structure and attractive valuation, presenting a compelling investment opportunity.

NEW YORK, April 22, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the Industrial Automation Control Market is observing significant growth owing to the constant rise in labor costs and need for accuracy in production and widespread adoption of industrial automation control in diverse industries. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Industrial Automation Control Market comprises a vast array of system and end user which are expected to register strength during the coming years. To explore the valuable insights in the Industrial Automation Control Market report, you can easily download a sample PDF of the report - https://www.theinsightpartners.com/sample/TIPTE100001043/ Overview of Report Findings For Detailed Industrial Automation Control Market Insights, Visit: https://www.theinsightpartners.com/reports/industrial-automation-control-market Market Segmentation Competitive

Shares in German industrial giant Siemens (SIEGY -6.48%) were down by more than 6% in trading as of 3 p.m. ET Thursday due to the tariffs imposed on foreign countries by the Trump administration.

Germany group Siemens said on Wednesday it is buying Dotmatics, a US software company, for $5.1 billion to leverage its use of artificial intelligence to make drug discoveries.

The deal extends Siemens's artificial-intelligence-powered product-lifecycle-management portfolio and increases the company's total addressable market in industrial software by $11 billion.

Siemens AG said on Wednesday it will acquire U.S.-based Dotmatics for $5.1 billion from Insight Partners.

Siemens CEO Roland Busch discusses the impact of tariffs on the business and broader economy.

Siemens is seeing some hesitancy among customers in the United States due to political uncertainties, Chief Financial Officer Ralf Thomas said on Wednesday, although he does not expect the situation to last.