DMG MORI AG engages in the manufacture and sale of metal cutting machine tools. It operates through the following segments: Machine Tools, Industrial Services, and Corporate Services. The Machine Tools segment includes the new machines business with the turning and milling technologies, ultrasonic or lasertec, and Ecoline products. The Industrial Services segment comprises the service and energy solutions activities, which offers training, repair, and maintenance of machine tools; and provides production, storage, and use of renewable energies. The Corporate Services segment includes the company's holding functions. The company was founded by Friedrich Gildemeister on October 1, 1870 and is headquartered in Bielefeld, Germany.