Siemens plans acquisition to boost internet strategy

Article Abstract:

German electronics manufacturer Siemens AG has announced plans to increase its presence in the data communications equipment industry. The formation of a new company in the United States will be precluded by the release of new handheld data device priced below 3Com's Palm Pilot product.Siemens plans on forming partnerships with several data-networking companies.

Strategy & planning, Other Electrical Equipment and Component Manufacturing, Electronics, Electronic Components and Accessories, Abstract

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Too many chiefs at Siemens

Article Abstract:

Siemens AG has appointed Klaus Kleinfeld Chief Executive Officer of the electronics giant. He has revived the company's United States business and it is hoped he will perform the same magic on the entire company.

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Financial management, Management dynamics, Executive changes & profiles, Officials and employees, Finance, Appointments, resignations and dismissals, Company Profile, Company business management, Company financing, Kleinfeld, Klaus

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