Big Changes at Siemens
I've been watching Siemens closeyl the llast few months and mentioned them several times here. Most recently, their announcement about an equipment deal with Nokia made pretty big news. I'm not the only one who thinks that menas some interesting new things ahead for the market.
Today I found this in the news -
Siemens to sell enterprise business unit
IDG News Service 6/20/06
Nancy Gohring, IDG News Service, Dublin Bureau
While the market digests the announcement about the new Nokia Siemens Networks joint venture, more news from Siemens AG, this time regarding its enterprise product unit, is imminent.
Speaking during a press conference to discuss the joint venture on Monday, Siemens Chief Executive Officers Klaus Kleinfeld said that Siemens is looking for a new home for its enterprise unit. Siemens is in "serious negotiations with partners" that might be interested in the division, he said. "We want to make sure the new organization will become a strong number two in that market," he said.
While Siemens did not specify a time frame, an announcement could happen this week. Steve Blood, a Gartner Inc. analyst, said that his sources close to Siemens say to expect an announcement regarding the enterprise unit very soon, possibly this week.
This is beyond big. This is a huge refocus of a premier provider of telecom solution. Siemens positioned this as "serious negotiations with partners" but the Gartner analyst describes it as Siemens choosing a "buyer of the unit." While this enterprise unit isn't the largest division within Siemens, it's a strategically important one, but apparently unprofitable.
Interesting changes are afoot here.
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Comments
Interesting that Siemens was first to work with Microsoft in the enterprise market.
Posted by: Rick | June 22, 2006 10:46 AM