SIEMENS plans to sell Telecom was in talks with Motorola

According to the "Frankfurt news" reported on Sunday, SIEMENS and Motorola are all over whether SIEMENS's telecommunications sector Com negotiations. [eNet] according to the "Frankfurt Silicon Valley dynamic news Sunday news" reported that very interested in Motorola, the world's second largest mobile phone manufacturers to buy the German company SIEMENS long-term loss of the telecommunications sector Com.

The newspaper said in a report published earlier Sunday that SIEMENS and Motorola are negotiating to take over all of SIEMENS's telecoms division, Com. Com is SIEMENS's largest business, with annual sales revenue of 13 billion euros ($16 billion) and currently employs about 55000 people.

A SIEMENS spokesman declined to comment on the report.

The newspaper also reported that Motorola has repeatedly said it was interested in the acquisition of SIEMENS's mobile Internet business of the telecom sector, but SIEMENS CEO Claus - Klein Field (Klaus Kleinfeld) want to sell the entire telecommunications sector, including the long-term loss of business.

Mobile network service is one of the most successful businesses in SIEMENS telecom. The telecommunications sector is also making equipment for fixed telephone companies. In December last year the end of the first quarter of this fiscal year, SIEMENS, the telecommunications sector operating profit fell 13% to 323 million euros in the first quarter sales revenue increased by 10% to 3 billion 420 million euros. If you do not include the sale of U.S. network equipment manufacturer Juniper shares, the telecommunications sector in the first quarter loss of 43 million euros.

Newspaper reported that SIEMENS's board of directors will be held on 24 May to discuss the future of the company's telecommunications sector.

In February this year, the German Business Week "manager magazine" (Manager-Magazin) reported that SIEMENS wants to fold its telecommunications sector or the part of the partnership. The chief executive of the telecommunications sector and some potential buyers, including the world's largest mobile phone maker NOKIA, were in talks.

SIEMENS is gradually withdrawing from the cyclical high-tech business of semiconductors and electronic components, focusing on profitable business, such as power generation and health care.