Siemens and Alstom to combine mobility businesses in a merger of equals by 2018 September 26, 2017 | Europe Finance Germany-based Siemens and France-based Alstom have signed a memorandum of understanding (MoU) to combine Siemens’ mobility business including its rail traction drives business with Alstom. The m... This content is available to only subscribers. Username or E-mail Password Remember Me Forgot Password