Motorola Eyes Siemens' Telecoms Unit
Motorola Inc. is interested in Siemens' loss-making telecoms unit Com, the Frankfurter Allgemeine Sonntagszeitung reported.More here.
In an advance copy of its Sunday edition, the paper said one option in the talks between Siemens and Motorola was the complete takeover of Siemens Com -- its biggest unit -- that had sales of 13 billion euros ($16 billion) and 55,000 employees.
A Siemens' spokesman declined to comment.
posted by Fergie @ 4/16/2006 06:59:00 AM
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