Siemens has decided to split off their mobile business in an effort to make it more attractive for a forthcoming merger or partnership with another cell phone brand. Siemens says they’ll likely keep only a minority share if any partnership comes out of their talks with the several potential partners they’re in discussions with presently. They hope to have the carve-out completed within three months and, of course, are “confident in finding a solution,” shortly thereafter.
Siemens to Carve Out Mobile Phones [Reuters]
