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Siemens AG Has The Urge To Merge

Friday, July 30th, 2004
by Matt Hartley

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According to the Industry Standard, Siemens AG will be merging their mobile and fixed communications businesses into a single entity called Siemens Communications. Siemens has stated that the merger is aimed at helping them to serve their customers better. I, however, suspect it is going to do a little magic on the old pocketbook as well.

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