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Siemens CFO explains acquisition strategy

Published August 6, 2012 at 11:39 AM


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





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