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

Trevor Pott

Why aren't you, personally, stopping the moronocalypse?
Star Trek Into Darkness

Chris Mellor

Federation fissiparousness to form co-ordinated divisions
iot_internet_of_things

Chris Mellor

EMC is ahead overall with HDS mounting an IoT catch-up

Features

Lego gandalf by https://www.flickr.com/photos/isherwoodchris/  CC 2.0 https://creativecommons.org/licenses/by-sa/2.0/ attribution sharealike
Why interconnectivity in the cloud is tougher than just stacking bricks
Handing over dollars picture via Shutterstock
Steve Ballmer. Pic:  Aanjhan Ranganathan
Nokia is the biggest write-off yet, but it wasn't the first
Confused computer keyboard
Last Christmas, I gave you my Cloud, the very next day you gave it away