SIEMENS is to sell acquisition harbor is rumor rumors

Time in SIEMENS group from the whirlpool, suddenly yesterday announced to spend $ten million acquisition of Chinese local science and technology of a telecommunications company of light bridge, causing the industry shock. We will continue to strengthen the market position in the field of communications, today is the best evidence." SIEMENS Group CEO China was wiped out the Wei rampant rumors in a few words.

The bulk of the acquisition reflects the pace of investment in the company dominated the field of global telecommunications equipment of ambition and wildly beating gongs and drums. The bridge of light and this had not high visibility of the company is committed to the optical network transmission products, it will join the expansion of SIEMENS had fixed network business is weak, especially in the global scope China market will inject fresh blood to SIEMENS this "hundred years old.

Yesterday, this reporter interviewed in Shanghai Wei was with SIEMENS communication fixed network transmission business global president Ben Schumacher and President of guangqiao Technology Xu jian.

The acquisition of light bridge is the best evidence

Reporter: light bridge is a young company, why would jump into SIEMENS's line of sight?

Xu Jian: two hands in June 2004, when the bridge became SIEMENS optical communications equipment OEM suppliers. August 2005, the two sides began formal negotiations.

Ben Schumacher: light bridge is the focus of the field of a high growth market, with SIEMENS's product line just complementary. Light bridge has a very strong R & D team, they can create a competitive product in the world.

Reporter: Why did you choose to buy light bridge at the moment?

Ben Schumacher: at this time is the best time, the optical network market after a very difficult time for several years, and now we see the dawn, which gives the light bridge and SIEMENS cooperation has brought great opportunities.

Reporter: SIEMENS will set up a new wholly owned subsidiary, SIEMENS will not be involved in the management of the new company?

Ben Schumacher: Xinguang Bridge will be part of SIEMENS's global optical network research and development, to maintain a high degree of independence. Optical bridge management will remain unchanged.

Reporter: acquisition will involve layoffs?

Ben Schumacher: will not cause any layoffs.

Xu Jian: on the contrary, we will expand rapidly, according to the needs of the project to expand the size of the company from the existing 300 to 500 or even thousands of people.

"The acquisition of harbour is also a rumor"

Reporter: some rumors that SIEMENS communications to sell, while HUAWEI is the biggest buyer?

Wei: This is a rumor was groundless. Today the signing ceremony is actually very good evidence, we SIEMENS is also in the further proof of its commitment to the market, to strengthen the global development, see today is a fact, not a rumor. SIEMENS hopes to have a stronger performance on its own optical network, which is a clear signal.

Reporter: that SIEMENS will acquire the harbor is also a rumor?

Wei was also rumored. We hope that the media will respect our facts and reality, rather than further expand the rumors, because it will hurt the feelings of employees. I would like to add that SIEMENS Communications Group and HUAWEI cooperation has been very successful and smooth, we have very close relationship between the two sides.

Reporter: after the acquisition of light bridge, SIEMENS's market expectations?

Wei was: SIEMENS hope as better in the optical network, hope to win more market share.