Tag Archives: siegy

5 Big Deals Lifting German M&A In U.S. To Record High

Monday brought news of yet another large acquisition of a U.S. company by a German industry titan, adding up to the biggest year on record for German-American buyouts. Drugmaker Merck KGaA said it will buy St. Louis-based Sigma-Aldrich (SIAL), which supplies chemicals and kits to the life-science industry, for $17 billion. Diversified giant Siemens (SIEGY) on Sunday night confirmed last week’s rumors that it is buying Houston

Cerner Takes Medical IT Drive Global With Siemens Buy

Traditionally, IBD’s Computer Software-Medical group hasn’t been a land of giants. With the automation of doctors’ back offices being a fairly recent trend, the field has been a playland of startups, many of them having gone public within the last decade. But on Aug. 5, Cerner (CERN), already the largest player in the group, announced it would nearly double in size with the $1.3 billion acquisition of Siemens’ (SIEGY) health IT unit. Combined, the