Pros
Great products and technology. Opportunity to travel domestically as well as internationally to Germany and Austria. Big time customers to support and visit from time to time. Some departments you will not be expected to work much at all, others next door to you will require more effort. Depends on your manager and department. Very hard to get fired, that is perhaps a con as many folks come to milk off the niceness of the company.
Cons
You will never be able to be autonomous from the German rule. Do not try to have an independent idea and if you do, you better have an ally at HQ to support your idea and a plan. Support is limited from Germany and is not timely but their expectations of you are quite different. America's culture in Milpitas location is very poor, and upper management is disconnected with middle management and could care less about your aspirations to climb that ladder. Also, incompetent managers thrive alongside the hardworking managers and the pay will be the same so where is the incentive to try harder?