In October 2007, the Munich Public Prosecutor's Office announced a settlement with Siemens AG under which Siemens AG agreed to pay €201 million, or approximately $287 million, including a €1 million fine and €200 million in disgorgement of profits. The October plea was related to bribery charges in Siemens' telecommunications group.

In connection with the cases brought by the DOJ the SEC and the Munich Public Prosecutor's Office, Siemens AG will pay a combined total of more than $1.6 billion in fines.