joint venture


T-Mobile, Orange to Merge

U.K. mobile network operators T-Mobile and Orange are in negotiations to merge their U.K. operations into a 50/50 joint venture. Between them they would claim 28 million subscribers and a 37 percent market share, creating a new market leader. The deal, if signed by the two and approved by regulators, would go into effect in […]

Siemens Enterprise Finds a Purpose: Taking on Cisco

Private equity firm Gores Group LLC on Tuesday took a 51 percent stake in Siemens AG-owned Siemens Enterprise (SEN), effectively creating a joint venture. And it’s a joint venture with the big goal of taking on market leader Cisco Systems Inc. as a dominant player in the voice-data enterprise IT game. Operating under the Siemens […]

Moto to Spin Off Device Unit What Now?

After weeks of rumblings around the rumor mill, Motorola Inc. did what many think it should have a while ago: announced it is separating its devices business from its Broadband and Business Mobility division (in English, thats the infrastructure side of the house). Both will be standalone, publicly traded companies. Investors were huzzah-ing, with Motorolas […]

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