The Channel logo

News

By | Team Register 9th December 2005 12:23

Siemens to carve up services arm

Pass the problem

Siemens is expected to break up its IT services division after failing to offload the business as a job lot.

The German industrial giant has been touting the Siemens Business Services business all year, even as it has slashed costs and jobs at the unit.

The FT reports today that the is ready to sell the product related services business to Fujitsu Siemens Computers. Given that Siemens owns 50 percent of the computer firm, this sounds more like pass the parcel than a long-term solution.

However, the move would leave the rest of the unit focused on consulting and outsourcing, which may be more attractive to a trade buyer.®

alert Send corrections

Opinion

Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Chris Mellor

Why overlapping kit from a merger equals a disaster in waiting
management cloud2

Gavin Clarke

The executioner turns gambler as HP's PCs are set to go

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that