Siemens reorganization effective 10/1/98 [Seems to be D-Day]
(via NN thread, thanks Pat)
To: Luc G‚linas (4525 )
From: pat mudge
Thursday, May 14 1998 6:40PM ET
Reply # of 4533
Nortel was interesting and maybe still interested on Bay Networks but Bay turned
down the offer because it was too low. Could we see an offer for NN??
I'm told all the networkers are acquisition targets, including Cisco. So I would imagine
NN's included.
Knowing what I do about TM, I'm guessing the only way he'd be forced to sell is if
Siemens chose another partner. At this point in the game, the alliance provides the
telecom presence NN needs. If that should disappear, the rules would change. Having
said this, I readily admit there's much I don't know. For example, what would happen if
NT made an offer for NN? Would that force Siemens to pop the question and stop
ogling the other debutantes? If you want to see where Siemens is headed, read their
press release of 23 April, outlining their reorganization:
siemens.de.
In part:
<<<
Siemens AG, Berlin and Munich, is making preparations to reorganize its operating units
in the information and communications segments (I&C). The move, slated to take effect
on October 1, 1998, has been spurred by basic changes in global markets - above all,
technological convergence, telecoms deregulation and privatization, the increasing
importance of services in I&C, and customer demand for integrated I&C solutions. To
play an active role in shaping these changes and to exploit the opportunities they offer,
the three Siemens operating units - Public Communication Networks (™N), Private
Communication Systems (PN), and Siemens Nixdorf Infomationssysteme AG (SNI) -
are being integrated into three new Groups. The 'I&C Services' Group will offer new
services like consulting, operation and I&C solutions for all customer segments. The
'I&C Networks' Group will provide end-to-end solutions for voice and data
networks. The 'I&C Products' Group will develop and market globally competitive
high-volume products. This reorganization will enable Siemens to set global standards
for solutions and product quality in the information and communications sector. <<<<
I feel as though I'm watching an Agatha Christie movie, wishing there were more clues.
Truth be told, there are probably clues galore, if only I could see them. |
