Siemens Geared Motors GmbH (Tuebingen/Germany), a subsidiary of Siemens AG, has sold the patents and commercial relationships of its "Cavex" worm gear units and wheel sets to long-standing business partners. The "Cavex" technology is no longer a core portfolio element of the Siemens unit, which is part of the Drive Technologies Division.
Siemens sells business with worm gear units and wheel sets
Siemens Geared Motors GmbH (Tuebingen/Germany), a subsidiary of Siemens AG, has sold the patents and commercial relationships of its "Cavex" worm gear units and wheel sets to long-standing business partners. The "Cavex" technology is no longer a core portfolio element of the Siemens unit,...
Jun 30, 2011
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