Siemens sells VDO and buys Dade on whatsapp (opens in a new window) Save By Ivar Simensen in Frankfurt. Published July 25 2007. Updated July 25 2007. Jump to comments section Print this page.

Siemens is set to strengthen its core automation division by paying about $3.5bn, including debt, to buy private equity-owned UGS as it seeks to show it has not been paralysed by bribery allegations.

German engineering giant Siemens said Wednesday it had agreed to sell its auto parts subsidiary VDO to German auto parts group Continental, ending a bidding war with strong political overtones.

Demands for job guarantees at Siemens AG <SIEGn.DE> automotive electronics unit VDO moved to the centre of a takeover contest after two suitors were each reported to have bid more than $16 billion ...

IRD, Siemens Team on VDO by Today's Trucking Staff August 1, 2014 International Road Dynamics, the Saskatchewan-based developer of highway traffic management technology, is teaming up with Siemens VDO ...

German automotive supplier Continental AG <CONG.DE> and Siemens <SIEGN.DE> see no need to renegotiate terms of Siemens' 11.4 billion euro ($17.51 billion) sale of its VDO unit to Continental last ...