CD-adapco is a leading global engineering simulation company with solutions covering a wide range of engineering disciplines, including Computational Fluid Dynamics (CFD), Solid Mechanics (SM), heat transfer, particle dynamics, reactant flow, electrochemistry, acoustics, and rheology. In one of the biggest deals of its kind, Siemens announced that they have agreed to acquire CD-adapco in a stock purchase valued at $970 million.
At the end of September 2015, the company had around 348,000 employees worldwide. In fiscal 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion.
The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No.
The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years.
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