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Siemens Energy agrees to settlement with US in case over gas turbine contracts
Siemens Energy has agreed to pay $104 million to settle an investigation with U.S. authorities, it said, after it used stolen trade secrets to inflate bids for contracts five years ago. The proposed settlement with a U.
Siemens Energy subsidiary to pay over $100m to settle US court case
A US subsidiary of the German power engineering group Siemens Energy has agreed to pay $104 million to end investigations into cheating in a contract bid. The case goes back to 2019, when the American Siemens subsidiary was bidding for a turbine order from Dominion,
Siemens Energy to pay $104M penalty in DoJ criminal probe
Siemens Energy (OTCPK:SMEGF) said Monday it pleaded guilty and agreed to pay $104M to resolve a criminal investigation into stealing information to edge out competitors to win a bid to build a Virginia power plant for Dominion Energy.
6h
Siemens Healthineers wins FDA approval for 3D mammography system
Tomosynthesis refers to the process of using X-rays to obtain sectional images of the breast and then reconstructing the ...
2d
Siemens Energy to Pay $104 Million in DOJ Trade Secret Probe
A US subsidiary of Siemens Energy AG agreed to pay $104 million to resolve a criminal investigation into misappropriating ...
1d
on MSN
Former Siemens executive from Winter Park sentenced for stealing rivals’ trade secrets
A retired Siemens Energy executive from Winter Park was sentenced to 43 months in prison for his part in a 2019 conspiracy to ...
8h
Siemens Appoints Susanne Seitz as CEO of Buildings Business Unit to Drive Growth and Sustainability
Seitz’s extensive experience in buildings is instrumental to the future growth of Siemens’ buildings business.
Augusta Free Press
1d
Siemens pleads guilty in Dominion Energy scandal involving insider trade secrets
Siemens Energy pleaded guilty in the criminal investigation into trade secrets surrounding bids for Dominion Energy’s turbine ...
E&E
2d
Siemens Energy pleads guilty to stealing competitor info
The company will pay $104 million to resolve a DOJ criminal investigation related to bidding to build a Virginia power plant.
GovCon Wire
14h
Aaron Johns Appointed Digital Solutions VP at Siemens Government Technologies; John Ustica Quoted
Aaron Johns, an experienced digital transformation professional, has been appointed vice president of digital solutions at ...
9h
Siemens Brings Industry-leading Capital Electrical and Electronic Systems Design Software to the Cloud as a Service
Siemens Digital Industries Software announced the release of its Capital X software as a service, the cloud-enabled suite for ...
The Business Journals
2d
Siemens Energy to hire 200 at North Carolina site with expansion
Siemens
plans to invest tens of millions of dollars to for another expansion in North Carolina, where the company already ...
9d
Siemens to Carve Out EV Charging Unit in Bid to Speed Growth
Siemens AG will set up its electric car and truck charging business as a fully independent unit to pursue new partnerships ...
Latrobe Valley Express
1d
Siemens to support transition
By PHILIP HOPKINS THE German technology and manufacturing giant, Siemens, is gearing up to take part in a huge [...] ...
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