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

frustration_anger_irritation_annoyance pain

Felipe Costa

Pressure to perform for stock market bearing down on disties
Columns of coins in the cloud

Michael Cote

Anything that simple to use has got to be complex to set up
Internet of Things

Gavin Clarke

This time, Larry's Oracle is going after the networking giants

Features

No email? No CRM? No Daily Mail iPad edition? You need a plan
Sinofsky's hybrid strategy looks dafter than ever
Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club