There is still a huge gap in the industry's demand and supply. To make up for the sudden spike in orders compromises were made in staff onboarding and training, which became evident after some time.
German conglomerate Siemens is planning to acquire HaCon, a company headquartered in Hanover, Germany. The two parties have agreed not to disclose financial details. Pending the approval of antitrust authorities, the deal is expected to be concluded in the first half of calendar year 2017.