PARIS—Shares in French information technology services group Atos Origin surged Wednesday after it said it will buy Siemens AG's IT Solutions and Services business for €850 million ($1.14 billion). Atos in a statement late Tuesday said the purchase
Source: online.wsj.com
T-Mobile and Nokia Siemens suggest Long Term HSPA Evolution as new 4G standard - MobileBurn
T-Mobile USA and Nokia Siemens Networks are working together to pitch a new Long Term HSPA Evolution network system to the 3GPP for standardization. The network would reportedly be able to reach download rates upwards of 650Mbps, which should match those
Source: www.mobileburn.com
Nokia Siemens buy of Motorola network ops wins EU nod - Reuters
BRUSSELS (Reuters) - Nokia Siemens Networks won EU regulatory approval on Wednesday to purchase Motorola's mobile telecom network equipment business for $1.2 billion, in a deal meant to boost its presence in Japan and North America. The acquisition could
Source: www.reuters.com
Siemens Unit Sale Lets Loescher Plug Hole in Profit - BusinessWeek
Dec. 15 (Bloomberg) -- Siemens AG’s plan to sell its computer-services unit to Atos Origin SA will let Chief Executive Officer Peter Loescher end years of losses from a business that proved unfixable for his two predecessors. The Munich-based engineering
Source: www.businessweek.com
CORRECTED - UPDATE 1-Atos shares hit 7-month high on Siemens unit buy - Reuters
PARIS, Dec 15 (Reuters) - Atos Origin's ( ATOS.PA ) bid to create a new European IT powerhouse from the $1 billion purchase of Siemens' SIS ( SIEGn.DE ) sent its shares to a seven-month high on Wednesday, shrugging off concerns of a daunting integration
Source: www.reuters.com
Atos Origin to Acquire Siemens IT Services for €850 Million - ManagingAutomation.com
Automation giant Siemens AG announced on Tuesday that it will sell its IT Solutions and Services business to enterprise integration and IT services provider Atos Origin for €850 million. Under the deal, Siemens gains a 15% stake in Atos Origin for at
Source: www.managingautomation.com
Siemens Said to Weigh Options for Its Osram Division - BusinessWeek
Dec. 15 (Bloomberg) -- Siemens AG, Europe’s largest engineering company, is exploring options for its Osram lighting business, including a possible initial public offering or sale, according to three people with knowledge of the discussions. Siemens
Source: www.businessweek.com
Nokia Siemens Networks wins upgrade job from Elisa - TMCnet
(EquityBites Via Acquire Media NewsEdge) 15 December 2010 - Finnish-German telecoms equipment maker Nokia Siemens Networks said today it won a contract to upgrade the radio network of home-based telecommunications company Elisa Oyj (HEL: ELI1V). Under the
Source: www.tmcnet.com
Siemens Uses Datalliance VMI to Deliver High Value to Channel Partners - msnbc.com
Datalliance announced the Vendor Managed Inventory (VMI) program success realized by Siemens and Echo Group, Inc. The electrical industry is very competitive, as multiple suppliers offer similar products and pricing strategies. Siemens understands this and
Source: www.msnbc.msn.com
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