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UPDATE 1-Siemens sells IT unit to Atos Origin for 850 mln euros - CNBC
FRANKFURT, Dec 14 (Reuters) - France's Atos Origin will acquire Siemens IT unit Solutions and Services (SIS) in a 850 million euro ($1.14 billion) deal, the German conglomerate said late on Tuesday. "We are creating a European Champion," Siemens CEO Peter
Source: www.cnbc.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
Siemens Uses Datalliance VMI to Deliver High Value to Channel Partners - msnbc.com
CINCINNATI, OH — 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
Source: www.msnbc.msn.com
Siemens Sells IT Unit - Yahoo Finance
Siemens AG (NYSE: SI - News ) is set to sell its IT solutions and services business to Atos Origin for €850 million or $1.1 billion. The Siemens IT business provides outsourcing services to midsize and large companies and accounts for 6% of total revenue
Source: biz.yahoo.com
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