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Demag (In German De utsche M aschinenbau- A ktien g esellschaft ) was a German heavy equipment industrial group whose individual companies are now scattered. The Demag name can be today found for example as the Demag Cranes and Components and Sumitomo (SHI) Demag.

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64-766: The roots of Demag date back prior to its formation, but became Märkische Maschinenbau-Anstalt, Ludwig A.-G in 1906 as the biggest crane building company in Germany employing 250-300 people. The company was a manufacturer of industrial cranes that included types like, bridge cranes , hoist (device) , overhead cranes , Gantry crane to name a few. In 1910 came the hour of the Deutsche Maschinenfabrik in Duisburg – known worldwide by its telegram abbreviation Demag (now Demag Cranes & Components GmbH ). In 1973 The Mannesmann group assumed ownership of Demag. The Demag company

128-561: A $ 100 million fund at the World Bank to support anti-corruption activities over 15 years, known as the "Siemens Integrity Initiative." Other substantial fines include a payment of ₦7 billion (US$ 46.57 million) to the Nigerian government in 2010, and a US$ 42.7 million penalty in Israel in 2014 to avoid charges of securities fraud. In 2006, Siemens purchased Bayer Diagnostics which was incorporated into

192-503: A US lawyer, as an independent director in charge of compliance and accepting oversight from Theo Waigel , a former German finance minister. Siemens implemented new anti-corruption policies, including a comprehensive anti-corruption handbook, online tools for due diligence and compliance, a confidential communications channel for employees, and a corporate disciplinary committee. This process involved hiring approximately 500 full-time compliance personnel worldwide. Siemens's bribery culture

256-487: A company branch headed by another brother, Carl Heinrich von Siemens , opened in St Petersburg , Russia. In 1867, Siemens completed the monumental Indo-European telegraph line stretching over 11,000 km from London to Calcutta . In 1867, Werner von Siemens described a dynamo without permanent magnets. A similar system was also independently invented by Ányos Jedlik and Charles Wheatstone , but Siemens became

320-452: A consortium of Siemens and Bosch. Siemens and Bosch then divested the different units between them and the Demag units became a part of Siemens. These were Demag plastics technology (with Krauss-Maffei), Demag compressor technology and Demag conveyor technology, which included the Demag mobile cranes and the crane manufacturer Gottwald. In the autumn of 2001, Siemens sold the core activities of

384-448: A control pendant, radio/IR remote pendant, or from an operator cabin attached to the crane. This type of overhead crane has one end of the bridge mounted on a fixed pivot and the other end carried on an annular track; the bridge traverses the circular area beneath. This offers improvement over a jib crane by making possible a longer reach and eliminating lateral strains on the building walls. This type of overhead crane has both ends of

448-479: A facility that uses a lot of heavy processing equipment. Siemens Siemens AG ( German pronunciation: [ˈziːməns] or [-mɛns] ) is a German multinational technology conglomerate . It is focused on industrial automation , distributed energy resources , rail transport and health technology . Siemens is the largest industrial manufacturing company in Europe, and holds

512-466: A fine as high as $ 5 billion, the final amount was significantly less, in part due to Siemens's cooperation with the investigators, the upcoming change in the US administration, and Siemens's role as a US military contractor . The payments included $ 450 million in fines and penalties and a forfeiture of $ 350 million in profits in the US. Siemens also revamped its compliance systems, appointing Peter Y. Solmssen ,

576-667: A global revenue of around €78 billion in 2023. The company is a component of the DAX and Euro Stoxx 50 stock market indices. As of December 2023, Siemens is the second largest German company by market capitalization . As of 2023, the principal divisions of Siemens are Digital Industries, Smart Infrastructure, Mobility , and Financial Services , with Siemens Mobility operating as an independent entity. Major business divisions that were once part of Siemens before being spun off include semiconductor manufacturer Infineon Technologies (1999), Siemens Mobile (2005), Gigaset Communications (2008),

640-401: A legally independent company: Siemens Electromechanical Components GmbH & Co. KG, (which, later that year, was sold to Tyco International Ltd for approximately $ 1.1 billion. In the same year, Siemens Nixdorf Informationssysteme AG became part of Fujitsu Siemens Computers , with its retail banking technology group becoming Wincor Nixdorf . In 2000, Shared Medical Systems Corporation

704-517: A multi-national bribery scandal. Among the various incidents was the Siemens Greek bribery scandal , where the company was accused of deals with Greek government officials during the 2004 Summer Olympics . This case, along with others, triggered legal investigations in Germany, initiated by prosecutors in Italy, Liechtenstein, and Switzerland, and later followed by an American investigation in 2006 due to

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768-684: A single housing, generally designed for ten-year life, but the life calculation is based on an industry standard when calculating actual life. See the Hoists Manufacturers Institute site for true life calculation, which is based on load and hours used. In today's modern world for the North American market, there are a few governing bodies for the industry. The Overhead Alliance is a group that represents Crane Manufacturers Association of America , Hoist Manufacturers Institute, and Monorail Manufacturers Association. These product counsels of

832-588: A suspended overhead crane are secured to the ceiling of the building. The elimination of dedicated support columns provides additional floor space, but limits lifting capacity. In 1876 Sampson Moore in England designed and supplied the first ever electric overhead crane, which was used to hoist guns at the Royal Arsenal in Woolwich , London. Since that time Alliance Machine, now defunct, holds an AISE citation for one of

896-574: A world leader in the manufacturing of injection moulding machines. In 1973 the ownership of Demag was assumed by the Mannesmann group, based in Düsseldorf . In 1983 Mannesmann-Demag AG and Wean United, Inc. of Pittsburgh , United States, founded a daughter company to produce steel working equipment, Mannesmann Demag Wean Co. A joint venture with the Japanese manufacturer Komatsu led to spinning off of

960-463: Is the most common overhead crane. It is generally used for light applications, normally up to 10 tonnes. Double Girder Overhead Crane The double girder overhead crane structure is used for heavier applications up to 125 tons and reaching over 100 feet of span. It can also be used to gain lifting height because the hoist of the double girder overhead crane is placed on the beams and the hook fits between them. Suspended Overhead Crane The rails of

1024-818: The BenQ-Siemens division. Also in 2005 Siemens acquired Flender Holding GmbH ( Bocholt , Germany, gears/industrial drives), Bewator AB (building security systems), Wheelabrator Air Pollution Control, Inc. (Industrial and power station dust control systems), AN Windenergie GmbH. (Wind energy), Power Technologies Inc. ( Schenectady , USA, energy industry software and training), CTI Molecular Imaging ( Positron emission tomography and molecular imaging systems), Myrio ( IPTV systems), Shaw Power Technologies International Ltd (UK/USA, electrical engineering consulting, acquired from Shaw Group ), and Transmitton ( Ashby de la Zouch UK, rail and other industry control and asset management). Beginning in 2005, Siemens became embroiled in

1088-794: The Berlin Staaken plant. During the buildup to, and during World War II, Demag-designed halftrack military vehicles, both in unarmored "artillery tractor" models in the late 1930s, the basis for the powertrain of their armored Sd.Kfz. 250 , which itself played an important role during the war, with just over 6,600 built by Demag and their subcontractors. In 1954, Demag developed their first hydraulic excavators. Demag would soon expand into construction machines, vehicle cranes, moving and conveying engineering (workshop crane and control devices), steel mill technology (complete metallurgical plants, in particular continuous casting equipment), compressors , and compressed air engineering. The company also became

1152-754: The Cumann na nGaedheal government. Siemens (at the time: Siemens-Schuckert ) exploited the forced labour of deported people in extermination camps . The company owned a plant in Auschwitz concentration camp . Siemens exploited the forced labour of women deported to the Ravensbrück concentration camp ; a Siemens factory was located in front of the camp. During the final years of World War II , numerous plants and factories in Berlin and other major cities were destroyed by Allied air raids. To prevent further losses, manufacturing

1216-620: The European Commission for price fixing in EU electricity markets through a cartel involving 11 companies, including ABB , Alstom , Fuji Electric , Hitachi Japan , AE Power Systems, Mitsubishi Electric Corp , Schneider , Areva , Toshiba and VA Tech . According to the commission, "between 1988 and 2004, the companies rigged bids for procurement contracts, fixed prices, allocated projects to each other, shared markets and exchanged commercially important and confidential information." Siemens

1280-606: The Siemens-Reiniger-Werke AG (SRW), the third of the so-called parent companies that merged in 1966 to form the present-day Siemens AG. In the 1920s, Siemens constructed the Ardnacrusha Hydro Power station on the River Shannon in the then Irish Free State , and it was a world first for its design. The company is remembered for its desire to raise the wages of its underpaid workers, only to be overruled by

1344-537: The 1950s, and from their new base in Bavaria , S&H started to manufacture computers , semiconductor devices , washing machines , and pacemakers . In 1966, Siemens & Halske (S&H, founded in 1847), Siemens-Schuckertwerke (SSW, founded in 1903) and Siemens-Reiniger-Werke (SRW, founded in 1932) merged to form Siemens AG. In 1969, Siemens formed Kraftwerk Union with AEG by pooling their nuclear power businesses. The company's first digital telephone exchange

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1408-534: The 1990s. In 1993–1994, Siemens C651 electric trains for Singapore's Mass Rapid Transit (MRT) system were built in Austria. In 1997, Siemens agreed to sell the defence arm of Siemens Plessey to British Aerospace (BAe) and a German aerospace company, DaimlerChrysler Aerospace . BAe and DASA acquired the British and German divisions of the operation respectively. In October 1997, Siemens Financial Services (SFS)

1472-487: The American division in 1979. AMD closed Advanced Micro Computers in late 1981 after switching focus to manufacturing second-source Intel x86 microprocessors. In 1985, Siemens bought Allis-Chalmers ' interest in the partnership company Siemens-Allis (formed 1978) which supplied electrical control equipment. It was incorporated into Siemens's Energy and Automation division. In 1987, Siemens reintegrated Kraftwerk Union,

1536-673: The Demag brand name in 2021. In 2017 Konecranes from Finland purchases the MHPS division from Terex. In addition to becoming again a European owned company, Konecranes also revives the Demag name as the MHPS becomes the Demag Cranes & Components Gmbh Bridge cranes An overhead crane , commonly called a bridge crane , is a type of crane found in industrial environments. An overhead crane consists of two parallel rails seated on longitudinal I-beams attached to opposite steel columns by means of brackets . The traveling bridge spans

1600-534: The Industrial Systems Division of Texas Instruments , based in Johnson City, Tennessee . This division was organized as Siemens Industrial Automation, and was later absorbed by Siemens Energy and Automation, Inc. In 1992, Siemens bought out IBM 's half of ROLM (Siemens had bought into ROLM five years earlier), thus creating SiemensROLM Communications; eventually dropping ROLM from the name later in

1664-584: The Material Handling Industry of America have joined forces to create promotional materials to raise the awareness of the benefits of overhead lifting. The members of this group are marketing representatives of the member companies. Configurations: While sharing major components, overhead cranes are manufactured in a number of configurations based on applications. EOT cranes are a common type of overhead crane. They are found in many factories and warehouses. These cranes are electrically operated by

1728-477: The Medical Solutions Diagnostics division on 1 January 2007, also in 2006 Siemens acquired Controlotron (New York) (ultrasonic flow meters), and also in 2006 Siemens acquired Diagnostic Products Corp., Kadon Electro Mechanical Services Ltd. (now TurboCare Canada Ltd.), Kühnle, Kopp, & Kausch AG, Opto Control, and VistaScape Security Systems. In January 2007, Siemens was fined €396 million by

1792-617: The Power Generation division of Siemens AG. Other parts of the company were acquired by Robert Bosch GmbH at the same time. Also, Moore Products Co. of Spring House, PA USA was acquired by Siemens Energy & Automation, Inc. In 2001, Chemtech Group of Brazil was incorporated into the Siemens Group; it provides industrial process optimisation, consultancy and other engineering services. Also in 2001, Siemens formed joint venture Framatome with Areva SA of France by merging much of

1856-490: The US and Germany in what was, at the time, the largest bribery fine in history. In addition, the company was required to invest $ 1 billion in developing and maintaining new internal compliance procedures. Siemens admitted to violating the accounting provisions of the Foreign Corrupt Practices Act , while its Bangladesh and Venezuela subsidiaries pleaded guilty to paying bribes. Despite initial expectations of

1920-412: The bridge mounted on an annular track. The bridge runs to entire diameter of the track, as opposed to just the radius for a rotary crane. Polar cranes are commonly used in containment buildings at nuclear power stations, fitting their circular, steam pressure containing design. Overhead cranes are commonly used in the refinement of steel and other metals, such as copper and aluminium. At every step of

1984-402: The companies' nuclear businesses. In 2002, Siemens sold some of its business activities to Kohlberg Kravis Roberts & Co. L.P. (KKR), with its metering business included in the sale package. In 2002, Siemens abandoned the solar photovoltaic industry by selling its participation in a joint-venture company, established in 2001 with Shell and E.ON , to Shell. In 2003, Siemens acquired

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2048-506: The company an infusion of cash to increase its product lines. The two companies also jointly established Advanced Micro Computers (AMC), located in Silicon Valley and in Germany, allowing AMD to enter the microcomputer development and manufacturing field, in particular based on AMD's second-source Zilog Z8000 microprocessors. When the two companies' vision for Advanced Micro Computers diverged, AMD bought out Siemens's stake in

2112-553: The company built the first long-distance telegraph line in Europe: 500 km from Berlin to Frankfurt am Main . In 1850, the founder's younger brother, Carl Wilhelm Siemens, later Sir William Siemens , started to represent the company in London. The London agency became a branch office in 1858. In the 1850s, the company was involved in building long-distance telegraph networks in Russia. In 1855,

2176-645: The company opened an office in San Jose. On 7 March 2003, the company announced that it planned to gain 10 per cent of the mainland China market for handsets. On 18 March 2003, the company unveiled the latest in its series of Xelibri fashion phones. In 2004, the wind energy company Bonus Energy in Brande , Denmark was acquired, forming Siemens Wind Power division. Also in 2004, Siemens invested in Dasan Networks (South Korea, broadband network equipment) acquiring ~40% of

2240-475: The company's activities while listed on US stock exchanges. Investigations found that Siemens had a pattern of bribing officials to secure contracts, with the company spending approximately $ 1.3 billion on bribes across several countries, and maintaining separate accounting records to conceal this. Following the investigations, Siemens settled in December 2008, paying a combined total of approximately $ 1.6 billion to

2304-641: The conviction of two former executives in 2007 for bribing Italian energy company Enel , a settlement with the Greek government in 2012 for 330 million euros over the Greek bribery scandal, and a guilty plea in 2014 from former Siemens executive Andres Truppel for channeling nearly $ 100 million in bribes to Argentine government officials. Siemens also faced repercussions from the World Bank due to fraudulent practices by its Russian affiliate. In 2009, Siemens agreed not to bid on World Bank projects for two years and to establish

2368-791: The earliest cranes in the USA market. This crane was in service until approximately 1980, and is now in a museum in Birmingham, Alabama . Over the years important innovations, such as the Weston load brake (which is now rare) and the wire rope hoist (which is still popular), have come and gone. The original hoist contained components mated together in what is now called the built-up style hoist. These built up hoists are used for heavy-duty applications such as steel coil handling and for users desiring long life and better durability. They also provide for easier maintenance. Now many hoists are package hoists, built as one unit in

2432-627: The first company to build such devices. In 1881, a Siemens AC Alternator driven by a watermill was used to power the world's first electric street lighting in the town of Godalming , United Kingdom. The company continued to grow and diversified into electric trains and light bulbs . In 1885, Siemens sold one of its generators to George Westinghouse , thereby enabling Westinghouse to begin experimenting with AC networks in Pittsburgh, Pennsylvania. In 1887, Siemens opened its first office in Japan. In 1890,

2496-701: The flow division of Danfoss and incorporated it into the Automation and Drives division. Also in 2003 Siemens acquired IndX software (realtime data organisation and presentation). The same year in an unrelated development Siemens reopened its office in Kabul . Also in 2003 agreed to buy Alstom Industrial Turbines; a manufacturer of small, medium and industrial gas turbines for €1.1 billion. On 11 February 2003, Siemens planned to shorten phones' shelf life by bringing out annual Xelibri lines, with new devices launched as spring -summer and autumn-winter collections. On 6 March 2003,

2560-477: The former Demag (Demag Cranes & Components, Gottwald and MPM) to Kohlberg Kravis Roberts (KKR). Those that remained were restructured and became part of the new company focus for future growth. For example parts of the conveying engineering activities remained with Siemens under the name Dematic . In 2002 Siemens sold the Demag Mobile Cranes division, which has not been a part of the package sold to KKR,

2624-773: The founder retired and left the running of the company to his brother Carl and sons Arnold and Wilhelm. In 1892, Siemens was contracted to construct the Hobart electric tramway in Tasmania , Australia , as it increased its markets. The system opened in 1893 and became the first complete electric tram network in the Southern Hemisphere. Siemens & Halske (S & H) was incorporated in 1897 and then merged parts of its activities with Schuckert & Co., Nuremberg, in 1903 to become Siemens-Schuckert . In 1907, Siemens ( Siemens & Halske and Siemens-Schuckert ) had 34,324 employees and

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2688-528: The gap. A hoist , the lifting component of a crane, travels along the bridge. If the bridge is rigidly supported on two or more legs running on two fixed rails at ground level, the crane is called a gantry crane (USA, ASME B30 series) or a goliath crane (UK, BS 466). Unlike mobile or construction cranes, overhead cranes are typically used for either manufacturing or maintenance applications, where efficiency or downtime are critical factors. Single Girder Overhead Crane The single girder type overhead crane

2752-399: The heavy cast iron paper drying drums and other massive equipment, some weighing as much as 70 tons . Recently, overhead cranes have been used in the wind-power industry. Giant cranes such as this one are being used to build the world's longest wind turbines. In many instances, the cost of a bridge crane can be largely offset with savings from not renting mobile cranes in the construction of

2816-893: The implementation of the 1999 OECD Anti-Bribery Convention , Siemens started using off-shore accounts to hide its bribery. During the investigation, key player Reinhard Siekaczek, a mid-level executive in the telecommunications unit, provided critical evidence. He disclosed that he had managed an annual global bribery budget of $ 40 to $ 50 million and provided information about the company's 2,700 worldwide contractors, who were typically used to channel money to government officials. Notable instances of bribery included substantial payments in Argentina, Israel, Venezuela, China, Nigeria, and Russia to secure large contracts. The investigation resulted in multiple prosecutions and settlements with various governments, as well as legal action against Siemens employees and those who received bribes. Noteworthy cases include

2880-430: The injection moulding manufacturing was merged with that of Krauss-Maffei , which had itself been acquired by Mannesmann from 1989, to form Mannesmann Demag Krauss Maffei and formed part of Mannesmann Atecs (for Advanced Technologies), a holding company for all of Mannesmann's non-telecom activities. Krauss Maffei's general equipment manufacturing and defence portions later passed to Linke/Hoffmann/Busch. The holding company

2944-521: The large-scale excavation operations and their renaming as Komatsu Mining. The steel and rolling mill technology division, based in Duisburg , was spun off to Schloemann-Siemag (SMS) and continues today under the name SMS group. The compressor division was sold in 1996 to CompAir, which was then part of the British Siebe/Invensys group, but has since become an independent company. Later (1999),

3008-441: The manufacturing process, until it leaves a factory as a finished product, metal is handled by an overhead crane. Raw materials are poured into a furnace by crane, hot metal is then rolled to specific thickness and tempered or annealed , and then stored by an overhead crane for cooling, the finished coils are lifted and loaded onto trucks and trains by overhead crane, and the fabricator or stamper uses an overhead crane to handle

3072-457: The photonics business Osram (2013), Siemens Healthineers (2017), and Siemens Energy (2020). Siemens & Halske was founded by Werner von Siemens and Johann Georg Halske on 1 October 1847. Based on the telegraph , their invention used a needle to point to the sequence of letters, instead of using Morse code . The company, then called Telegraphen-Bauanstalt von Siemens & Halske , opened its first workshop on 12 October. In 1848,

3136-732: The position of global market leader in industrial automation and industrial software . The origins of the conglomerate can be traced back to 1847 to the Telegraphen Bau-Anstalt von Siemens & Halske established in Berlin by Werner von Siemens and Johann Georg Halske . In 1966, the present-day corporation emerged from the merger of three companies: Siemens & Halske , Siemens-Schuckert , and Siemens-Reiniger-Werke . Today headquartered in Munich and Berlin, Siemens and its subsidiaries employ approximately 320,000 people worldwide and reported

3200-508: The shares, Nokia Siemens disinvested itself of the shares in 2008. The same year Siemens acquired Photo-Scan (UK, CCTV systems), US Filter Corporation (water and Waste Water Treatment Technologies/ Solutions, acquired from Veolia ), Huntsville Electronics Corporation (automobile electronics, acquired from Chrysler ), and Chantry Networks ( WLAN equipment). In 2005, Siemens sold the Siemens mobile manufacturing business to BenQ , forming

3264-463: The steel in his factory. The automobile industry uses overhead cranes to handle raw materials. Smaller workstation cranes, such as jib or gantry cranes , handle lighter loads in a work area, such as CNC mill or saw. Almost all paper mills use bridge cranes for regular maintenance, needing removal of heavy press rolls and other equipment. The bridge cranes are used in the initial construction of paper machines because they make it easier to install

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3328-669: The takeover of Demag when it purchased 82% of the shares of Demag Cranes Ag. Demag became the Terex Material Handling & Port Solutions (MHPS) division. In 2008 KRR sold MPM to Sumitomo Heavy Industries and is known today as Sumitomo (SHI) Demag. In 2019 Terex decided to sell the Mobile Cranes division to the Japan based Tadano and it became the Tadano Demag Gmbh. In 2020 Tadano Demag Gmbh filed for insolvency. Surviving restructuring Tadano announced that it will drop

3392-578: The unit overseeing nuclear power business. In 1987, Siemens acquired Kongsberg Offshore from the Norwegian Government, selling it on to FMC Technologies in 1993 In 1989, Siemens bought the solar photovoltaic business, including 3 solar module manufacturing plants, from industry pioneer ARCO Solar, owned by oil firm ARCO . In 1991, Siemens acquired Nixdorf Computer and renamed it Siemens Nixdorf Informationssysteme , in order to produce personal computers . In October 1991, Siemens acquired

3456-586: Was acquired by the Siemens's Medical Engineering Group, eventually becoming part of Siemens Medical Solutions . Also in 2000, Atecs-Mannesman was acquired by Siemens, The sale was finalised in April 2001 with 50% of the shares acquired, acquisition, Mannesmann VDO AG merged into Siemens Automotive forming Siemens VDO Automotive AG, Atecs Mannesmann Dematic Systems merged into Siemens Production and Logistics forming Siemens Dematic AG, Mannesmann Demag Delaval merged into

3520-579: Was determined much of the book contained false claims although the trial itself publicized Siemens's history in Nazi Germany. The company supplied electrical parts to Nazi concentration camps and death camps . The factories had poor working conditions, where malnutrition and death were common. Also, the scholarship has shown that the camp factories were created, run, and supplied by the SS , in conjunction with company officials, sometimes high-level officials. In

3584-721: Was formed finally 1910 in Duisburg through the union of the Märkische Maschinenbau-Anstalt L. Stuckenholz AG , the Duisburg Mechanical Engineering AG , and the Benrath Machine Works GmbH . The Märkische Maschinenbau-Anstalt L. Stuckenholz AG traces back to the machine factory Mechanische Werkstätten Harkort & Co. , founded 1819 in Wetter an der Ruhr , already beginning the manufacturing of cranes in 1840. In 1908, they designed what

3648-539: Was founded to act as a competence center for financing issues and as a manager of financial risks within Siemens. In 1998, Siemens acquired Westinghouse Power Generation for more than $ 1.5 billion from the CBS Corporation and moving Siemens from third to second in the world power generation market. In 1999, Siemens's semiconductor operations were spun off into a new company called Infineon Technologies . Its Electromechanical Components operations were converted into

3712-400: Was later named Mannesmann Plastics Machinery or MPM, with primary divisions Demag Plastics and Krauss-Maffei. In February 2000 Mannesmann was taken over by Vodafone . All of Mannesmann's industrial activities, which had been combined under Atecs (meaning Advanced Technologies) holding company in order to strategically separate mobile communications and industrial activities, were divested to

3776-409: Was not new; it was highlighted as far back as 1914 when both Siemens and Vickers were involved in a scandal over bribes paid to Japanese naval authorities . The company resorted to bribery as it sought to expand its business in the developing world after World War II. Up until 1999, bribes were a tax-deductible business expense in Germany, with no penalties for bribing foreign officials. However, with

3840-497: Was produced in 1980, and in 1988, Siemens and GEC acquired the UK defence and technology company Plessey . Plessey's holdings were split, and Siemens took over the avionics , radar and traffic control businesses—as Siemens Plessey . In 1977, Advanced Micro Devices (AMD) entered into a joint venture with Siemens, which wanted to enhance its technology expertise and enter the American market. Siemens purchased 20% of AMD's stock, giving

3904-490: Was sold to US based company Terex . KKR initiated a major reorganization of the Demag Crane & Components organization, including a refocused effort of their product lines. The production and general company focus changed to Overhead cranes , hoists , Gantry cranes , and Portal cranes under the name Gottwald . In 2006 KKR combined Demag Cranes and Gottwald under Demag Cranes Ag and went public. in 2011 Terex completed

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3968-576: Was the seventh-largest company in the German empire by number of employees. (see List of German companies by employees in 1907 ) In 1919, S & H and two other companies jointly formed the Osram lightbulb company. During the 1920s and 1930s, S & H started to manufacture radios , television sets , and electron microscopes . In 1932, Reiniger, Gebbert & Schall (Erlangen), Phönix AG (Rudolstadt) and Siemens-Reiniger-Veifa mbH (Berlin) merged to form

4032-522: Was then the world's largest floating crane, built for Harland & Wolff in Belfast , which would be used for the building of the passenger liners RMS Olympic and RMS Titanic . Starting in 1925, Demag also manufactured excavators . They expanded to manufacture locomotives and railroad cars . During the Second World War , armoured fighting vehicles (in particular Bergepanther ) were built in

4096-434: Was therefore moved to alternative places and regions not affected by the air war. The goal was to secure continued production of important war-related and everyday goods. According to records, Siemens was operating almost 400 alternative or relocated manufacturing plants at the end of 1944 and in early 1945. In 1972, Siemens sued German satirist F.C. Delius for his satirical history of the company, Unsere Siemens-Welt , and it

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