Nokia Siemens Networks, in conjunction with US mobile operator T-Mobile, has submitted a proposal for a new HSPA standard that would deliver downstream bandwidths up to 650Mbps. Although the LTE and LTE-Advanced standards provide a clear roadmap to 1Gbps
Source: www.itwire.com
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 six-month high on Wednesday, shrugging off concerns of a daunting integration
Source: www.reuters.com
Siemens IT Services to cut 1,750 jobs worldwide - IDG NEWS
Siemens is planning to cut 1,750 jobs from its IT Solutions and Services business after it sold the division to Atos Origin for 850 million (£721 million). The cuts, which will be made across the global operations, will include 650 redundancies in Germany
Source: news.idg.no
Atos's Shares Surge on Siemens Deal - Wall Street Journal
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
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
Siemens Energy acquires eHouse manufacturer - Orlando Sentinel
Orlando-based Siemens Energy Inc. is expanding its business portfolio by acquiring an "eHouse" manufacturing division of Integrated Electrical Services Inc. of Houston. The division, formerly known as Tesla Power & Automation, provides electrical equipment
Source: www.orlandosentinel.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
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Nokia Siemens wins EU approval to buy Motorola's mobile network - Xinhua News Agency
BRUSSELS, Dec. 15 (Xinhua) -- Nokia Siemens Networks on Wednesday won approval from the European Union (EU) to buy the U.S. -based Motorola Network Business. After examining the operation, the European Commission, the EU' s antitrust watchdog, said in a
Source: news.xinhuanet.com
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