September 30, 2014 10:44 AM ET

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Company Overview of Robert Bosch GmbH

Company Overview

Robert Bosch GmbH, together with its subsidiaries, provides technology and services worldwide. It operates through four segments: Automotive Technology, Industrial Technology, Consumer Goods, and Energy and Building Technology. The Automotive Technology segment offers gasoline systems, diesel systems, chassis systems control, electrical drives, starter motors and generators, car multimedia, automotive electronics, automotive aftermarket products, and steering systems. The Industrial Technology segment provides drive and control technology for power, control, and actuator systems for applications in industrial automation, mobile machinery, and commercial vehicles, as well as in renewable ener...

Bosch Service Center

Postfach 30 02 20

Stuttgart,  70442

Germany

Founded in 1886

281,381 Employees

Phone:

49 711 400 40990

Fax:

49 711 400 40999

Key Executives for Robert Bosch GmbH

Deputy Chairman of Management Board and Head of Finance & Controlling
Age: 58
Member of Management Board and President of Manufacturing Coordination
Age: 56
Member of Management Board and President of Chassis Systems Control; Electrical Drives; Starter Motors and Generators
Age: 51
Member of Board of Management
Age: 56
Member of Board of Management
Compensation as of Fiscal Year 2014.

Robert Bosch GmbH Key Developments

Bosch Breaks Ground on Technical Center Expansion in Michigan

Bosch has broken ground on a 220,500 sqft expansion of Bosch's Technical Center located at 15000 Haggerty Road in Plymouth Township, Michigan. The expansion, which is expected to be completed in November 2015, will nearly double the size of the existing technical center, which opened in 2007. When complete, the total site, which is located on 75 acres, will have more than 445,000 square feet and capacity for 1,400 people. The expansion will further enable the growth of several key technologies, including automotive electronics, start/stop motors, electrical drives, and a variety of safety and driver assistance systems that will further advance automated driving. In addition, the new site will provide Bosch with the needed laboratory and office space to co-locate certain associates in southeast Michigan, some of whom currently work in different leased facilities, thereby fostering more innovation and greater collaboration.

Robert Bosch Reportedly In Talks To Acquire Red Bend Software

Robert Bosch GmbH is in talks to buy Red Bend Software, Inc. Details about Red Bend Software, Inc.'s valuation have not been disclosed but it is believed that the $200- $250 million price tag.

Bosch to Invest EUR 160 Million in Vietnam over Three Years

Bosch announced that it is planning to invest EUR 160 million in its Vietnamese operations during the next three years. The company reported that the investment will be used to expand its existing production site to enable it to manufacture more push-belts for continuously variable transmissions (CVT) as well as in its recently opened automotive research and development (R&D) centre in southern Vietnam. Some of the investment will also be spent on establishing a new car spare parts plant as well as to conduct training workshops for its employees. The new facility will initially be focusing on computer-aided design (CAD), simulations and testing of automotive technologies such as CVT and fuel injection. The proposed investment is in addition to the EUR 230 million in its Vietnamese businesses that was approved in 2013 and this is expected to run until 2015.

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Recent Private Companies Transactions

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Date
Target
Merger/Acquisition
September 21, 2014
BSH Bosch und Siemens Hausgeräte GmbH
Merger/Acquisition
September 15, 2014
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Merger/Acquisition
May 13, 2014
Robert Bosch GmbH, Photovoltaic Site in Vénissieux
 

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