Siemens Building Technologies is an Operating Division of Siemens AG. It provides automation technologies and services for commercial, industrial and public buildings and infrastructures. The division is headquartered in Zug, Switzerland, and employs more than 27'000 people worldwide (November 2017).
Video Siemens Building Technologies
History
Siemens Building Technologies resulted from the 1998 acquisition of the industrial activities of Elektrowatt Ltd. (Zurich, Switzerland), Cerberus Ltd. (Männdedorf, Switzerland), and of Staefa Control System Ltd. (Stäfa, Switzerland) by Siemens.
Maps Siemens Building Technologies
Key Figures
Corporate Division
Since January 2013, the three former Business Units - Security Systems (SES), Building Automation (BAU) and Fire Safety and Security (FSS) are divided into two business areas: Control Products & Systems (CPS) and Solutions & Service Portfolio (SSP).
Control Products & Systems (CPS)
CPS designs and manufactures systems for building automation as well as products for heating, ventilation, air conditioning applications, for lighting, blinds controls, fire safety and extinguishing systems.
Solutions & Service Portfolio (SSP)
The SSP unit offers integrated solutions for specialized areas of application or markets such as data centers, airports or life science. The SSP unit develops strategies, messaging and tools which support the digitalization of buildings and processes.
Scandals and negative headlines
Scandal about the merger with Landis and Gyr
In 2002 the Siemens Group sold seven subsidiary companies to the US financial investor Kohlberg Kravis Roberts. Most affected by this sale was the Swiss company Siemens Metering, located in Zug. 160 out of 360 employees lost their jobs. Siemens Metering was the result of the merger between Siemens and Landis & Gyr in 1998. The documentary "Verlorene Welt - Aus dem Innenleben des einstigen Konzerns Landis & Gyr" by Claudia Schmid and Michael van Orsouw involves the subject and had its first performance at the Solothurn Film Festival 2006.
Pension funds scandal
Siemens sharpened 2006 the rules of conduct for its employees as a reaction of the financial scandal about disloyalty and assumed corruption. Peter Rüegg and Siemens Manager Roland Rümmeli found themselves in the sight of the investigations. Rümmeli was accused to have redirected kickbacks to his private accounts. The laid off portfolio manager paid back the illegal drawn money (400'000.00 CHF) to Siemens,.
References
External links
- Siemens Building Technologies
Source of article : Wikipedia
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