Siemens acquires China's Eastime Automation Engineering

Third Quarter 2006 News & events

In a deal that consolidates Siemens' position in China and strengthens its global position in process automation, it has signed an agreement with Eastime Automation Engineering of Shanghai, China, whereby Siemens is to acquire the business activities of the company.

Eastime is a leading company in China for engineering and project management in process analytics. It is active in the chemicals, petrochemicals, and iron and steel sectors. The takeover is planned for August 2006 when the company is to change its name to Siemens Process Analytics, Shanghai (SPAS), and become integrated into the Automation and Drives Group of the regional company Siemens in China.

As a global leader in the manufacture of process analytics devices, Siemens already occupies a favourable market position in China and has implemented a host of larger scale projects there in recent years. With the acquisition of Eastime, Siemens will consolidate its position in China with a company that possesses especially good local know-how and sound technical knowledge in the system integration of process analytics devices into overall solutions and plants. The activities of SPAS are expected to be concentrated initially on the Asia/Pacific region, especially China, where many new plants are currently appearing on greenfield sites. The company will then expand to cover Europe and the US.

For more information contact Siemens Southern Africa, +27 (0) 11 652 2000.

Further reading:

From the editor's desk: What happened to the metaverse?
Technews Publishing News & events
One of the most interesting technical crashes in recent years is the metaverse. As recently as 2022 it was white hot, with massive hype led by Meta. Even Bill Gates was saying that in two to three years ...

Read more...

---

Hamar Controls earns dual Siemens Partner Awards
News & events
Hamar Controls has been honoured with two Smart Infrastructure Partner of the Year Awards by Siemens. These acknowledge the company’s exceptional manufacturing output within the Siemens SIVACON S8 partner programme.

Read more...

---

SKF and Sieb & Meyer announce strategic partnership for magnetic bearings
SKF South Africa News & events
SKF has announced a strategic partnership with Sieb & Meyer, a renowned expert in variable frequency drives and control electronics.

Read more...

---

Academy pumps out the next generation of experts
News & events
KSB Pumps and Valves has invested in a specialised training centre designed to equip internal and branch staff and certified partners with in-depth knowledge of KSB products and systems.

Read more...

---

Africa Automation Indaba 2026
News & events
Africa’s automation and process control landscape is poised for a major milestone with the launch of the Africa Automation Indaba, taking place from 13 to 14 May 2026 at the Radisson Collection Hotel, Waterfront, Cape Town.

Read more...

---

BMG and Danfoss Drives reaffirm their long-standing partnership
Bearing Man Group T/A BMG News & events
BMG and Danfoss Drives are celebrating a decade of close collaboration, strengthening BMG’s original distribution agreement for Danfoss variable speed drives and soft starter range.

Read more...

---

Innomotics certified for innovative mine winder braking system
News & events
Innomotics has achieved SIL 3 certification for the COBRA 02 S braking system for mine winder installations, together with OLKO-Maschinentechnik.

Read more...

---

BMG backs emerging driver talent in South African motorsport
Bearing Man Group T/A BMG News & events
BMG has reaffirmed its commitment to local talent development through its sponsorship of Karabo Malemela, a driver on the Pablo Clark Racing Development Company’s motorsport development programme.

Read more...

---

Parker Hannifin brings advanced motion technologies to the World RX
Parker Hannifin - Sales Company South Africa News & events
Parker Hannifin is back on the FIA World Rallycross Championship grid to push the limits of sustainable performance in one of motorsport’s toughest arenas.

Read more...

---

Prestigious award recognises inventiveness and entrepreneurial courage
Beckhoff Automation News & events
Hans Beckhoff, managing director, owner and founder of Beckhoff Automation, was recently honoured with the widely acclaimed Rudolf Diesel Medal 2025. This medal honours him as a visionary pioneer in automation technology.

Read more...

---