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Germany's Siemens AG is in the midst of completing over $1 billion in acquisitions, including deals for Canadian network company RuggedCom Inc. and a unit of oilfield services provider Expro International Group Ltd. In this video, Siemens CFO Joe Kaeser explains that the conglomerate looks to buy companies "where the synergy potential is huge." Kaeser also shares why Siemens is making divestitures and why it will continue to make venture investments, even though they "do not expect venture capital management to be a money-making machine." - Katie Roof

Canadian commercial real estate services firm Avison Young hired Daniel Carlo as a principal of and managing director of the firm's Miami office. For other updates launch today's Movers & shakers slideshow.
Buyout firms have made the most of this year's market run, taking companies public that have also impressed investors. More video