Motorola eyes Siemens' telecoms unit

Iria · Apr 16, 2006, 10:21 PM

FRANKFURT (Reuters) - Motorola Inc. is interested in Siemens' loss-making telecoms unit Com, the Frankfurter Allgemeine Sonntagszeitung reported.

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.
___________
Read More / Source: Reuters

Apr 16, 2006, 10:21 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Motorola eyes Siemens' telecoms unit FRANKFURT (Reuters) - Motorola Inc. is interested in Siemens' loss-making telecoms unit Com, the Frankfurter Allgemeine Sonntagszeitung reported. 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. ___________ Read More / Source: Reuters