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Robert Bosch GmbH (/ b ɒ ʃ /; German: ⓘ), commonly known as Bosch (styled BOSCH), is a German multinational engineering and technology company headquartered in Gerlingen, Baden-Württemberg, Germany. The company was founded by Robert Bosch in Stuttgart in 1886. [2] Bosch is 94% owned by the Robert Bosch Stiftung, a charitable institution. [3]
Together with a global network of sales, production, and service companies, the BSH conglomerate today is made up of about 80 companies in 50 countries, with a total workforce of about 60,000 people. [2] In September 2014, Robert Bosch GmbH agreed to purchase Siemens' 50% stake in the joint venture for 3 billion euros. [4]
Continued growth was followed by the acquisition by Robert Bosch GmbH in 1992, with the company changing its name to 'Worcester, Bosch Group'. As part of Bosch's heating technology subsidiary, Worcester is a brand of Bosch Thermotechnology Ltd , the collective name that refers to Worcester, Bosch Group and Buderus (acquired by Bosch in 2003).
Bosch pledged a $1.5 billion investment as it acquired a Roseville-based semiconductor company.
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Robert Bosch, which employes around 429,000 people, is overhauling its workforce as the company struggles with Germany’s flatlining economy. Robert Bosch, which employes around 429,000 people ...
Bosch (company), full name Robert Bosch GmbH, a German engineering and technology company; Bosch (home appliance brand), a brand of BSH Hausgeräte, a joint venture between Bosch and Siemens; Robert Bosch Stiftung, a German foundation that owns a majority shareholding in Robert Bosch GmbH; Bosch Rexroth, engineering firm
On September 1, 1927, Lou Burroughs and Albert R. Kahn began a small business called Radio Engineers, servicing radio receivers in the basement of the Century Tire and Rubber Company in South Bend, Indiana. Because of the Great Depression, according to Kahn, "We found ourselves insolvent to the extent of $5,000" ($91,195 today). [1]