The company logo sits on display outside the former Siemens AG headquarters in Munich, Germany, on Wednesday, July 31, 2013. Siemens AG named Joe Kaeser as chief executive officer to take over from Peter Loescher after Europe's biggest engineering company repeatedly missed profit targets and charges mounted for failed power and train projects. Photographer: Guenter Schiffmann/Bloomberg via Getty Images
HANOVER, GERMANY - APRIL 10: Robot "Titan" of Cyberstein Robots Ltd is pictured at the Siemens stand at the Hannover Messe industrial trade fair on April 10, 2014 in Hanover, Germany. The Netherlands is the official partner Country of this year's fair with more than 5000 companies showcasing their latest industrial products and solutions. The Hannover Fair will run from April 07-11. (Photo by Nigel Treblin/Getty Images)
BERLIN - AUGUST 29: A young visitor enjoys a commercial for household appliances through special glasses with built in video and audio at the Siemens stand at the IFA consumer electronics trade fair on August 29, 2008 in Berlin, Germany. IFA opened its doors to the public today and will be open through September 3. (Photo by Sean Gallup/Getty Images)
An underground train, operated by MVG, passes a Siemens AG office building in Munich, Germany, on Monday, Jan. 23, 2012. Siemens AG has earmarked more than 1 billion euros ($1.3 billion) to expand production of gas-turbines and fend off General Electric Co. as they jostle for share of the expanding market. Photographer: Guenter Schiffmann/Bloomberg via Getty Images
