Siemens Still Desperate To Find A Buyer For Handset Group

There were rumors last month that Siemens would be closing down their handset unit if they couldn't find a buyer. However, they've avoided making any specific announcements on this matter -- despite expectations they would settle the issue last month. What's becoming clear is they desperately want to sell the unit, but can't find a buyer. That's about the only reasonable explanation for the way they've been acting. They haven't shut it down, but they clearly don't want to be in the business, practically begging others to come in and buy it from them. The problem, so far, is that no one seems very interested in buying it.

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Save me a cookie
  • Note: A CRLF will be replaced by a break tag (<br>), all other allowable HTML will remain intact
  • Allowed HTML Tags: <b> <i> <a> <em> <br> <strong> <blockquote> <hr> <tt>
Follow Techdirt
Essential Reading
Techdirt Deals
Techdirt Insider Chat
Techdirt Reading List
Recent Stories
Support Techdirt - Get Great Stuff!


Email This

This feature is only available to registered users. Register or sign in to use it.