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From Wikipedia:
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The General Electric Company, or GE (NYSE: GE) is a multinational American technology and services conglomerate incorporated in the State of New York. In terms of market capitalization as at 31 March 2008, GE is the world's third largest company and also second in the BrandZ ranking. In the 1960s, aspects of U.S. tax laws and accounting practices led to a rise in the assembly of conglomerates. GE, which was a conglomerate long before the term was coined, is arguably the most successful organization of this type. |
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Siemens AG is Europe's largest engineering conglomerate. Siemens' international headquarters are located in Berlin and Munich, Germany (though Siemens also have a number of complete cities or "work towns" exclusively housing Siemens employees). The company is a conglomerate of six major business divisions: Automation & Control, Power, Transportation, Medical, Information & Communication, and Lighting. On November 28, 2007, Siemens reorganised its operations into three Sectors: Industry, Energy and Healthcare with a total of 15 Divisions. Worldwide, Siemens and its subsidiaries employ approximately 480,000 people in nearly 190 countries and reported global revenue of €72.448 billion in fiscal year 2007. Siemens AG is listed on the Frankfurt Stock Exchange, and has been listed on the New York Stock Exchange since March 12, 2001.
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