Siemens Venture Capital (SVC) is the corporate venture organization for all Siemens' businesses worldwide and plays a key role in the Siemens global network of innovation. The goal is to identify and fund investments in emerging and innovative technologies that will enhance the core business scope of Siemens.

The investment focus is to augment the efforts of various Siemens business segments such as Industry, Energy and Healthcare.

Please click here to get a detailled overview on our investment focus and search fields.

To date, SVC has invested some 800 million euros in far more than 100 start-up companies and 30 venture capital funds mainly in the U.S., Europe and Israel.

SVC is located in Germany (Munich), in the U.S. (Palo Alto, CA and Boston, MA), in China (Beijing), in India (Mumbai), and is active through Siemens´ regional unit in Israel.

SVC has two primary goals: strategic and financial.

First, SVC seeks leading edge technologies and systems that will make Siemens and its customers more competitive by expanding and improving the products and services that Siemens offers.

Second, SVC invests in companies that have the most potential to realize sustainable profitability and success - inside Siemens or through a trade sale or IPO.

SVC benefits both Siemens and the companies that receive funding and support from Siemens. We have two primary goals – to achieve a solid return on our investments and to invest in companies that have the potential to add significant tangible value to Siemens businesses.

Innovation is our lifeblood at Siemens. The company commits more than 3,2 billion euro and 32,000 employees to Research and Development.

SVC feeds into this network of innovation by bringing new technologies to Siemens´ businesses without requiring too many resources into any one endeavor or divert resources to non-core R&D.

In cooperation with the Siemens Groups, SVC researches and identifies quality, strategic investments that will create value for them by improving their operations, enhancing their products or expanding their scope of product offerings.

SVC focuses on: Energy & Environmental Care, Automation & Control, Industrial & Public Infrastructure, and Health Care.

Support to entrepreneurs means more than investing capital.

With SVC, entrepreneurs gain access to Siemens´ technical expertise, internal resources and potential business opportunities with Siemens which employs more than
400 000 people throughout 190 countries.

Start-ups also gain access to Siemens´ worldwide sales and service channels, customers and suppliers - building into the investment equation a greater likelihood for faster success.

Siemens Venture Capital is different in that it is hands-on.

SVC uses Siemens' brand equity and global resources to add value to investment companies, often helping them manufacture, market and sell valuable products and services.

SVC offers companies Siemens´ technical expertise, integration into sales networks, introduction to new markets and assistance on raising money for future financing rounds - all critical steps that only an organization with a presence in 190 countries, more than 400 000 employees and annual sales above 72 billion euro can offer.

Siemens Venture Capital's ROI is derived from a successful exit, but does not necessarily depend on a successful IPO.

SVC invests in companies that have the potential to add significant value to its various businesses - in medical solutions, power, information and communications and industrial automation.

Siemens also introduces portfolio companies to third parties that present possible growth opportunities and partnerships.

IPO at Nasdaq:
Accelerated Networks, Alvarion, COM21, Efficient Networks, Extreme Networks, Molecular Insight Pharmaceuticals, Openwave, SignalSoft, Sycamore Networks, RADVISION, Virata

IPO at German Stock Exchange:
(formerly Neuer Markt Germany /TecDAX)
Cycos, november AG

IPO at London Stock Exchange:
Cambridge Silicon Radio (CSR)


In addition to the above listed IPOs SVC had numerous trade sales in the last years.


Trade sales examples for FY 2006/2007:
Digital Envoy acquired by Landmark Communications
Global Locate acquired by Broadcom
Cambridge Positioning Systems acquired by CSR
Factory Logic acquired by SAP
FolloWap acquired by NeuStar

Trade sales examples for FY 2005/2006:
Eleksen listed on AIM,
IsoPur acquired by DynaSys,
Portum acquired by IBX


Trade sales examples for FY 2004/2005:
Nimcat Networks acquired by Avaya,
Agility Communications acquired by JDS Uniphase,
Myrio acquired by Siemens AG,
Kagoor Networks acquired by Juniper Networks,
Oblix acquired by Oracle Corp.,
Blue Pumpkin Software acquired by Witness Systems, Chantry Networks acquired by Siemens AG


Trade sales examples for FY 2003/2004:
Webwasher acquired by Cyberguard,
Guardent acquired by VeriSign,
dynamicsoft acquired by Cisco,
indX acquired by Siemens AG

More info is on
http://www.siemensventurecapital.com/news/index.html

SVC GmbH is assigned to Siemens Financial Services GmbH and controlled by a Siemens Venture Board comprising Siemens top executives.

b) Siemens Venture Capital, Inc. is a Delaware corporation and a wholly-owned subsidiary of Siemens Corporation.

c) Siemens Venture Capital in Israel is embedded into Siemens Israel, Ltd.

d) Siemens Venture Capital in China is a
Siemens Venture Capital GmbH Beijing Representative Office.

e) Siemens Venture Capital in India is embedded into Siemens Corporate Finance Pvt. Ltd., India

August 2007

• Sensors
• RFID
• Security (IT, physical security)
• Medical Devices (imaging software, hardware)
• New materials (i.e. nanotechnology)

The distribution in capital raised among sectors has not changed markedly in the last four years. Thirty-three percent was raised by the Communications sector ($469M), 20 percent by the Life Sciences ($284M), 19 percent by Software, 11 percent by Semiconductors, four percent by the Internet and 13 percent by other sectors.

An investment associate is handling all venture capital related inquiries working out of the Siemens Israel, Ltd. office located in Rosh Ha´ayin near Tel Aviv.
With this local presence the penetration into the local venture capital and startup community will be closer and more effective. The existing venture capital network will help to quickly come to a good level of dealflow.

We are actively looking for interesting deals that fall into our investment focus. Our plan is to complete at least 2-3 deals within the next 12 months.

Local activities will also support closer relationships with our portfolio companies, the VC community and the high-tech industry in general. Consequently this will also increase the general Siemens awareness in Israel.

• Phase: Throughout lifecycle of a startup - besides seed
• Typical total investment per deal: Between 0,5 - 5,0 Million Euro
• Syndication: SVC syndicates with leading VCs to complement
experiences, know how and networks
• Technology:
  Focus on leading edge companies that fall into our investment areas
• Continuous support:
• Establish strong relationship with Siemens business units
• Support portfolio companies throughout the lifecycle and
• Coach and participate in follow-on rounds

2. History & Profile

Siemens Ltd., a holding company with marketing support functions, was founded in mid-1995, after Siemens AG, Germany, had opened a Representative Office in Israel in October 1994.

The Siemens Regional Company, Siemens Israel, Ltd., was founded in January 2000 as a result of the growing volume of the Israeli market. Siemens agents I. Ziegler Electrical Engineering Ltd. and Bio Medical Engineering were taken over by Siemens Israel, Ltd.

Siemens is fully commited to the Israeli market. It is ranked number three from the foreign companies in it’s purchases from Israeli companies.

In line with the high level of Israeli innovation and technology, a number of investments were done in Israeli companies by several Siemens groups:

• Since beginning of 2004, Siemens has acquired (100%) two Israeli companies:
• E-Ship - Bought by Siemens L&A group.
  Development of parcels handling solutions.
  This company was integrated into Siemens Israel.
• Cadvision - acquired by Siemens MED group.
  Development of CAD solutions for the Medical Radiology field.

• Siemens invested during the recent years in Seabridge Ltd., Hod Hasharon, which was previously RADNet Ltd.
  
  Seabridge develops and markets access switches for asynchronous transfer mode (ATM) broadband networks. The activities of the former Siemens Data Communications Ltd., which was located in Karmiel, were also integrated into Seabridge Ltd.

E-mail for press-related matters in Israel: Shimrit.Alush@siemens.com