- HR and CSR issues
- Automotive technology
- Spare parts, diagnostics, workshop equipment, workshop concepts
- Car Multimedia
- Bosch eBike Systems
- Power Tools
- Security Systems
- Service Solutions
- Packaging Technology
- Bosch Software Innovations
- Bosch Sensortec, Akustica
- Bosch Energy and Building Solutions
- Bosch Power Tec
- Energy and Building Technology
- Press releases
Get press releases via email. subscribe
Get press releases as RSS feedssubscribe
- Purchase price of 50 percent stake to total €3 billion in addition to a distribution of €250 million
- BSH to become wholly owned subsidiary of Bosch Group
- BSH may continue to use Siemens brand over the long term
- Completion of transaction expected in first half of calendar year 2015
The transaction, which still requires regulatory approval, will probably be completed in the first half of calendar year 2015. BSH will then become a wholly owned subsidiary of the Bosch Group. Under the terms of the agreement, BSH will also be allowed to produce and market household appliances under the Siemens brand over the long term.
“BSH has been a successful and profitable company for many years. Strategically and technologically, it is a perfect match for the Bosch Group,” said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH. Like the Bosch Group, BSH pursues a long-term, innovation-oriented strategy, is internationally positioned, and committed to good corporate citizenship.
“The sale of our BSH stake is part of our drive to continue focusing very intensively on our core business. In a constantly strong partnership over the last few decades, Bosch and Siemens have made BSH a successful leader in the area of household appliances. By uniting continuity with new perspectives, I’m convinced that Bosch’s complete acquisition of BSH will offer BSH’s customers, distribution partners and employees a very solid and sustainable structure,” said Siemens CFO Ralf P. Thomas. “The negotiations with Bosch were always constructive and based on a spirit of mutual trust,” he added.
In 1967, Bosch and Siemens combined their activities in the area of household appliances to create the joint venture BSH. Since then, BSH has become Europe’s largest producer of household appliances and a world-leader in its field, with revenue of about €10.5 billion in 2013 and around 50,000 employees worldwide. The BSH product portfolio comprises a wide range of household appliances – including everything from stoves, ovens and extractor hoods to dishwashers, washing machines, clothes dryers and combined refrigerator-freezers to small household devices such as vacuum cleaners, coffee machines, water kettles, clothes irons and hairdryers.
“BSH fits in very well with our guiding strategic principle: Invented for Life,” explained Denner. With its products and services, the household appliance producer wants to leverage intelligent technologies, high levels of comfort and user-friendliness in order to make the lives of people around the world easier and more enjoyable, while conserving natural resources with the help of highly efficient devices.
Technologically, there are also opportunities for intensified cooperation between Bosch and BSH in the future-oriented field of the Internet of Things and Services. “Employing Smart Home concepts, the use of household appliances can be made even more energy-efficient in the future, while user-friendliness will further increase,” said Uwe Raschke, the member of the Board of Management of Robert Bosch GmbH who is responsible for the Consumer Goods business sector to which BSH currently belongs. As an equally owned joint venture, BSH is not currently consolidated. Instead, its net income is included in profit figures on a pro rata basis.
“With Bosch’s acquisition of all the shares of BSH, we’ll have a strong owner in the future – an owner with a long-term orientation and one who will support us in our further strategic development,” emphasized BSH CEO Dr. Karsten Ottenberg. To achieve its goal of doubling revenue by 2025, BSH will increase investments in research and development as well as in its brands. “After more than 45 years of good partnership with Siemens, Bosch offers – through the acquisition – a long-term perspective for BSH employees,” said Raschke.
Contact for journalists:
Robert Bosch GmbH
Dr. Ingo Rapold,
Phone: +49 711 811-48905Phone: +49 711 811-7639
Phone: +49 711 811-7639
Phone:+ 49 89 636-34794
- September 22, 2014
- Press releases
- Images: 8
- ZF Lenksysteme: approximately 4.1 billion euros in sales, more than 13,000 associates in eight countries in 2013
- Sales of electric steering systems growing
- Products for more efficient, automated, and connected vehicles
“With its complete takeover of ZFLS, Bosch is strengthening its ability to actively shape the future of mobility. The company is a technological leader in the growth area of electric power steering, and precisely this is the core technology for automated driving, for more efficient vehicles, and also for electric cars,” said Dr. Volkmar Denner, chairman of the board of management of Robert Bosch GmbH.
ZFLS already generates some 60 percent of its total revenue with modern, fuel-efficient electric power steering systems. One reason for the success of efficient steering systems is their potential to reduce consumption: for instance, a mid-size vehicle with a two liter engine can see fuel savings of up to 0.8 liters per hundred kilometers. This also reduces emissions by up to 14 grams of CO2 per kilometer. In addition, electric power steering in cars is an essential component for many assistance systems. For example, lane-keeping assistants rely on it to automatically keep the car on course. During start-stop coasting, which involves the engine shutting off while coasting, electric support ensures that steering behavior remains the same.
“Since 1999, ZFLS has experienced strong growth, and has also developed very successfully as a result of the excellent collaboration between ZF and Bosch. I would like to sincerely thank all ZFLS associates for their hard work and dedication over the years,” said Dr. Stefan Sommer, the CEO of ZF Friedrichshafen AG. “In order to continue to be able to meet the demands of an ever more dynamic business environment, Bosch and ZF have decided to change the ownership structure of ZFLS.”
The success of ZFLS does not depend only on the number of innovations the company has brought to market. “It also depends on the associates – their attention to quality, their unfailing commitment, and their identification with the products are crucial success factors for ZF Lenksysteme,” said Wolf-Henning Scheider, member of the board of management of Robert Bosch GmbH and spokesperson for the Automotive Group. “With Bosch as our parent company, we have a reliable partner on our side, with which we can continue to successfully pursue technological innovation and economic growth,” said Dr. Marcus Parche, deputy chairman of the ZFLS board of management.
In total, around 1,400 ZFLS associates, or more than one in ten, work in engineering. In 2013, the company spent roughly 238 million euros on research and development. Since its establishment, ZFLS has filed around 750 patents. A main focus of R&D activities is the networking of components into complete systems via specific software. For example, ZFLS made a solution ready for series production using components produced by its parent companies, which allows a car hooked up to a trailer to be maneuvered from the curbside with a smartphone.
A compact, locally-engineered, particularly cost-effective electric power steering system for Asian markets shows that the company not only offers solutions for the premium segment. This means that even customers who drive more affordable compact cars can benefit from the increased efficiency offered by ZFLS products.
Positioned to meet a broad spectrum of market demands
“ZFLS’s innovative strength and international presence – particularly in Asia and North America – enable it to benefit from growth in stronger economies,” said Scheider. “ZFLS is especially characterized by its proximity to customers. Whether as a supplier of individual components or provider of complete systems, ZFLS is a respected partner for automakers and also locates operations close to its customers wherever in the world they do business.” As part of its internationalization strategy, ZFLS has recently been focusing its investments on North America and Asia.
Contact person for press inquiries:
Robert Bosch GmbH
Phone +49 711 811-6283
Phone +49 711 811-7639
ZF Friedrichshafen AG
Phone: +49 7541 77-7925
- September 15, 2014
- Press releases
Since the start of 2012, Malchow, who has a PhD in law, has been a member of the supervisory board of Robert Bosch GmbH. Prior to that, he was director of industrial relations and a member of the board of management of Robert Bosch GmbH.
Robert Bosch Industrietreuhand KG exercises the entrepreneurial ownership rights at Robert Bosch GmbH. From July 1, 2014, it will comprise eleven partners. The two managing partners are Franz Fehrenbach and Tilman Todenhöfer.
- June 26, 2014
- Press releases
- Images: 1
- Technological trends: a greater range of measurable variables and increased intelligence
- After cars and smart phones, now the internet of things is driving market growth
- Every second smart phone worldwide uses Bosch sensors
Bosch provides sensors for a range of uses in the automotive and consumer electronics industries. For instance, MEMS sensors measure pressure, acceleration, rotary motion, mass flow, and the earth's magnetic field, and act as the sensory organs for cars or smart phones. Bosch has been producing these sensors for vehicles since 1995. A yaw-rate sensor that records the rotary moments around its vertical axis is at the heart of ESP, for example, and today each modern vehicle is home to up to 50 MEMS sensors. Thanks to Bosch Sensortec acceleration sensors, a smart phone or tablet knows how it is being held, and adjusts the image accordingly. Tiny MEMS microphones made by Akustica, a wholly-owned subsidiary of the Bosch Group, detect sounds and speech. Now every second smart phone worldwide uses Bosch sensors.
Bosch has been at the forefront of MEMS technology since it first emerged, and is the world's leading supplier in this extremely dynamic market, as the experts at IHS Technology and Yole Développement have confirmed. Since the start of production in 1995, Bosch has manufactured well in excess of four billion MEMS sensors. In 2013, around one billion sensors emerged from its state-of-the-art wafer fab in Reutlingen – or three million each day. “Bosch is the only supplier that manufactures sensor types for so many different applications itself. Overall, Bosch holds more than 1,000 patents and patent applications related to MEMS technology to ensure we stay on top of our innovative capacity,” says Klaus Meder, president of the Bosch Automotive Electronics division.
Technological trends: smarter and capable of measuring more
MEMS sensors can measure an ever greater range of variables. In early 2014, Bosch Sensortec unveiled a world exclusive in sensor technology – the BME280 integrated unit, which combines sensors for pressure, humidity, and temperature in a single housing. The new unit was specially developed for applications related to environmental monitoring, indoor navigation, smart homes, personalized weather stations, and sports and fitness. Within a second, it can determine humidity – the fastest response time in the industry. It also offers remarkably precise measurement of ambient temperature and impressively low energy consumption. In addition, Bosch is making its sensors increasingly smart. Production is about to begin on the first sensor for measuring physical variables, such as acceleration, rotary motion, and the earth's magnetic field, and it will also include a micro-controller for evaluating readings.
Key technology for the internet of things
The introduction of MEMS sensors in automotive electronics in the 1980s and 1990s marked the first wave of their surging popularity. The second major wave has been their widespread use in smart phones since the beginning of the 21st century – and the internet of things now heralds the third wave. Sensors, signal processing, batteries, and transmitters have become so small, energy efficient, and economical – even as all-in-one units – that they can be used in their billions. At the same time, radio networks are available almost everywhere. This makes MEMS the key technology for connecting things over the internet. MEMS must be equipped with a radio chip and a battery, and they must possess software intelligence, because only relevant data should be transmitted to the internet, not raw data. This local data processing calls for the special kind of systems expertise that Bosch brings to the table. In 2013, Bosch launched a door sensor that reports suspicious movements to the home owner's smart phone. In the future, windows will control the heating or alarm system via unobtrusive sensors, and bracelets with embedded sensors will call for help if their wearer suffers a fall. Web-enabled sensor technology will be in everything that is “smart,” not just in smart phones.
Internet of things offers great business potential
A key aspect of Bosch's future sales growth is web-enabled products and web-based services. The company considers itself well-positioned for such growth thanks to its hardware know-how and broad technological expertise. To unlock this business area, Bosch founded Bosch Connected Devices and Solutions GmbH at the end of 2013. It supplies compact electronic products and software expertise designed to make devices intelligent and web-enabled across a broad range of applications. The focus is on the development of connected sensors and actuators. Actuators convert electrical signals from sensors and control units into a physical action, such as automatically switching a light on and off or opening and closing a valve. Initially, business activities are concentrating on sensor-based applications for intelligently networked homes, or “smart homes,” as well as activities in the fields of traffic, transportation, and logistics – because in the future, consignments of critical goods will be able to transmit data on any unusual status changes directly to logistics centers.
Technical information about MEMS sensors
MEMS sensors contain the finest silicon structures. As the casing moves, these structures shift a fraction of a thousandth of a millimeter – and their electrical properties change in the process. These properties can be measured and converted into a data stream. The dimensions are incredibly small; while a human hair has a diameter of 70 thousandths of a millimeter (70 micrometers), some components measure only four micrometers – that is 17 times smaller than the diameter of a single human hair. Since the micromechanical sensor produces only weak electrical signals, the developers built in another electronic component – sometimes in the casing beside the sensor, sometimes even directly on the same chip. This second component processes, amplifies, and converts the weak signal into digital data. In this way, MEMS (micro-electro-mechanical systems) sensors can supply control units directly with readings.
More information is available online:
Sensors for increased safety in vehicles: new generation of Bosch inertial sensors
Simplifying development of airbag systems: new Bosch acceleration sensors
Bosch is top MEMS maker in 2013
Bosch sensors for automobile electronics
Bosch sensors for consumer electronics
Bosch sets up company for internet of things and services
Sensors – how technology maps the world around it
MEMS: the stars of the sensor world
Car-to-X: the future is about connectivity
Greater safety with peripheral sensors
Internet-enabled MEMS sensors
Gyroscope for ESP: how it works
Pressure sensor: how it works
Acceleration sensor: how it works
MEMS sensor manufacturing
Bosch MEMS enabling the Internet of Things and Services
Bosch Sensortec GmbH is a fully owned subsidiary of Robert Bosch GmbH, dedicated to the consumer electronics world offering a complete portfolio of micro-electro mechanical systems (MEMS) sensors and solutions that enable mobile devices to feel and sense the world around them. Bosch Sensortec develops and markets a wide portfolio of MEMS sensors and solutions for smart phones, tablets, wearable devices and IoTS (Internet of Things & Services) applications.
- June 25, 2014
- Press releases
- Images: 12