Siemens AG
With upwards of $103,124.8 million in annual revenues in 2010, Siemens AG is an electrical engineering and electronics conglomerate with global operations, engaged in the manufacturing of health care, energy and industrial products. It has operations in 190 countries across the world, employing 405,000 employees.
Strategic and tactical Decisions
Siemens sold off its real estate division to Wohnbau, Volkswohnung and GBW Gruppe in 2009, followed by the 28% acquisition of Archimede Solar Energy, which is based in Italy. The company did also acquire a 25% stake in Germany’s BGZ Beteiligungsgesellschaft Zukunftsenergien (BGZ), which is specialized in the financing, development and operation ...