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Siemens looks for faster growth in smart buildings, mulls acquisitions

Reuters  |  ZUG, Switzerland 

ZUG, (Reuters) - wants to grow its building technologies faster than the overall construction market next year with help from potential acquisitions, the business' said on Tuesday.

The business, which has its head office in Zug, makes devices and software to control the heating, lighting, and security in so-called smart buildings.

Rebellius said he expected the overall construction market to grow by around 3 percent next year, with taking market share from rivals including and

(Reporting by John Revill)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 04 2018. 20:05 IST