Siemens Expands Chip-Design Business With Latest Software Deal, Bloomberg reports

European companies in defence, aerospace, and industrial tech may benefit from closer EU-Canada ties. EU President von der Leyen proposed Canada as the first associate member. Trade between the EU and Canada grew 81% since 2016, reaching €130 billion in 2025. Defence deals, like TKMS AG's submarine contract and Saab's aircraft selection, highlight this shift. Airbus and Siemens also secured contracts. Critical minerals and high-speed rail projects offer further opportunities.

US federal agencies warn of active cyber threats targeting Siemens S7 Series programmable logic controllers, used in critical infrastructure. Hackers are exploiting these systems, potentially causing operational disruptions. Siemens denies increased attack levels or unknown vulnerabilities. The advisory highlights the risk of AI-driven attacks and the vulnerability of industrial control systems. (FOX Business)

Siemens reported EBITDA of Rs 431 crore, down 17% Y-o-Y, with EBITDA margin at 9.1% after a 345 bps Y-o-Y decline. Order inflow rose 16.5% to Rs 6,328 crore. SI revenue rose 11% to Rs 2,630 crore but SI EBIT margin fell 580 bps. Adjusted net profit fell 17% to Rs 350 crore. Siemens said margin pressure may lead to FY27 earnings downgrades.

Siemens reported record quarterly industrial profit and orders, raising full-year guidance. For the three months ended June 30, industrial profit rose 25% to €3.52B, above a €3.18B consensus, with revenue up 7% to €20.79B and orders up 13% to €27.90B. EPS guidance increased to €11.20-€11.50. Siemens also said tax authorities agreed on the planned Siemens Healthineers spin-off.

Romanian rail operator CFR said it signed two contracts totaling over 957 million lei (about €182.7m) to modernize signaling and interlocking on Cluj and Timisoara networks. Awards went to a consortium led by Siemens Mobility with Imsat and Elsitel. Terms are 30 months plus a 60-month warranty, aiming to centralize signaling and cut traffic management costs.

Siemens said it agreed to acquire privately held Precision Innovations Inc. to add AI chip planning tools based on the OpenROAD framework for SoC feasibility analysis and design exploration. Precision Innovations’ EDA software supports power, performance and area evaluation and reduces design iterations. The deal, with undisclosed terms, is expected to close in Q3 2026 subject to customary conditions.