Canadian company Redknee will pay up to ¬40 million (US$52 million) for Nokia Siemens’ Business Support Systems (BSS) unit, and will also take on about 1,200 employees Nokia Siemens employees ...

Siemens said it expects paring its number of business units will increase the company’s annual growth rate and profit margin for its industrial business by 2% over what it called the “medium ...

As the market digests the announcement about the new Nokia Siemens Networks joint venture, more news from Siemens is imminent, this time regarding its enterprise product unit.

Siemens reported sales up around 4 percent year-on-year for the quarter to March 31, but net income fell, dragged down by operating losses in its telecommunications and IT services business units ...

Siemens AG is merging its mobile and fixed communications businesses into a single group called Siemens Communications, adapting itself to a changing market in which wireless and wireline ...

Siemens SIE-1.65%decrease; red down pointing triangle said it would separate its electric vehicle charging unit to create an independent business that is more agile and better positioned to ...

Siemens has announced the intention to carve out its eMobility business. The company bundled its eMobility charging activities in 2018 and subsequently organised it into a separate business unit ...

The combination of Nokia's networks unit and the Siemens carrier business in fixed and mobile networks will offer some savings, and up to 9,000 jobs are expected to be cut.

The changes at Siemens make sense in a world where wired and wireless technology is overlapping, according to analyst Frank Dzubeck, president of Communications Network Architects, in Washington, D.C.

Siemens Energy carried out far-reaching due diligence measures prior to its full takeover of wind turbine unit Siemens Gamesa, its CEO said, rebuffing shareholder criticism that major quality ...

Siemens' (SIEGn.DE) Intelligent Traffic Systems (ITS) will now be called Yunex Traffic as the German engineering company presses ahead with plans to carve out the signaling business ahead of a ...

Siemens AG will set up its electric car and truck charging business as an independent unit, saying the carve-out will help the division pursue new partnerships and boost growth.