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Articles about Siemens

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Siemens to throw CEO overboard after profits slashed a FIFTH time

German tech firm Siemens looks set to show chief exec Peter Loescher the door on Wednesday after the company was forced to issue a fifth profit warning. "At its meeting on July 31, 2013, the Supervisory Board of Siemens AG will decide on the early departure of the President and CEO. In addition, it will decide on the appointment …
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Nokia Siemens Networks to 'axe 8,500 jobs' amid biz gobble

Comms hardware maker Nokia Siemens Networks is reportedly planning to lay off as many as 8,500 staff to ratchet up profits as sales slump. Nokia announced today that it had completed the acquisition of Siemens' stake in Nokia Siemens Networks, and rebranded the subsidiary Nokia Solutions and Networks (NSN). The deal was …
Jasper Hamill, 07 Aug 2013
The Register breaking news

Buh-bye Siemens: Nokia to splash €1.7bn turning NSN into N

Nokia is buying out its network partner Siemens, for €1.2bn in cash plus a half-a-billion loan, putting the Finnish firm in sole control of the infrastructure business. Ownership of Nokia Siemens Networks (NSN) is split equally between the companies, and managed to turn a thin profit last year following repeated rounds of cost- …
Bill Ray, 01 Jul 2013
The Register breaking news

Nokia Siemens Networks plans to flog bonds, raise €700m

Nokia Siemens Networks is planning to go to the public markets to try to get some financing through high-yield bonds for up to €700m (£580m, $930m). The telecoms equipment firm will be hoping that there’s enough investor appetite to make its bonds a good buy, meaning that some folks reckon the company is worth betting on. …
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Siemens expected to announce job cuts, closures

Siemens chief Peter Loescher will outline a plan today on how the industrial tech giant will attempt to save up to €4bn ($5.2bn, £3.2bn), one that is widely expected to include jobs cuts and office closures. Despite the German economy's strength compared to the rest of Europe - or even arguably most of the world - global hard …
The Register breaking news

Nokia Siemens slim-down continues

On the heels of its decision to exit the optical networking business, Nokia Siemens Networks looks like it’s in further trouble, with a contract loss blamed for more job cuts at the company. On December 3, NSN announced that its optical networking division is to land in the hands of a private equity group, Marlin Equity Partners …

Huawei mimics Nokia Siemens Networks marketing

Nokia Siemens Networks has pointed out close similarities between its marketing material and Huawei's. “Rarely does a competitor turn out to be your biggest fan. But that’s the only conclusion that can be drawn from the ringing endorsement of how we market our consulting by Chinese company Huawei,” says a Nokia Siemens Networks …
The Register breaking news

Siemens squashes Stuxnet-like bugs in SCADA kit

Siemens has corked vulnerabilities in its industrial control kit similar to those exploited by the infamous Stuxnet worm. Security bugs on the German manufacturer's Simatic Step 7 and Simatic PCS 7 SCADA control software created a means to load malicious dynamic-link library (DLL) files. This is the type of flaw exploited by the …
John Leyden, 25 Jul 2012
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Ex-Nokia Siemens engineer admits eBaying nicked routers

A hard-up ex-engineer at Nokia Siemens swiped wireless routers worth thousands of pounds from his employer to refurbish and flog on eBay. Dewaldt Hermann, 33, appeared at Swindon Crown Court to admit he was behind a spate of thefts some months after he started work at the firm, Newbury Today reports. Tessa Hingston, prosecuting …
Paul Kunert, 28 May 2012
The Register breaking news

Feds charge eight former Siemens officials with bribery

US officials have charged more than a dozen former executives and contractors of Siemens of conspiring to spend $100 million in bribes to secure a $1 billion contract to produce national identity cards for Argentine citizens. A criminal indictment filed on Tuesday against eight former officials of the German industrial giant …
Dan Goodin, 15 Dec 2011
The Register breaking news

Nokia Siemens vs Vodafone Oz: the legal games begin

Nokia Siemens Networks is taking legal action against customer Vodafone Australia following a tussle over compensation issues regarding network performance. The "Vodafail" network woes that have dogged Vodafone Australia and its disgruntled customers appear to have been passed on to network supplier Nokia Siemens Networks in a …

Oh GREAT: Your factory can Heartbleed out

Tired of Heartbleed horror? Brace yourself for another round, this time with a "hackers can attack factories" flavour after Siemens shipped coagulant patches for some of its key SCADA kit. In a timely reminder of just how pervasive the vulnerability is, the European vendor says users of its eLAN and WinCC OA products to install …
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Nokia networks biz slurps Australia's Mesaplexx

A seven-year-old Australian radio filter specialist has been bought by Nokia Siemens* Solutions and Networks to bolster its position in the small-cell and “hetnet” market. The Brisbane-based Mesaplexx, founded in 2007, put six years into developing filters, with its xCube technology reaching the market in 2013. The first …
The Register breaking news

Hitachi and Siemens data-stalking firm not bugged by security bods' report

An open-source IT monitoring software firm has clashed with a security consultancy over the seriousness of a security bug in its technology. GroundWork's technology provides a platform for IT operations management (network, system, application, and cloud monitoring) that is used by customers including Hitachi Data Systems, the …
John Leyden, 12 Mar 2013
globalisation

Greece tells Siemens it wants damages

The Greek investment minister Haris Pamboukis said yesterday he wanted damages from Siemens following a year-long investigation into bribery allegations. The Greek government has spent 11 months looking at Siemens' track record. It estimates the German conglomerate has cost the country £1.7bn (€2bn). The investigation found …
John Oates, 25 Jan 2011
The Register breaking news

Researcher blasts Siemens for downplaying SCADA bug

A security researcher who voluntarily canceled a talk about critical holes in Siemens' industrial control systems has criticized the German company for downplaying the severity of his findings. “The vulnerabilities are far reaching and affect every industrialized nation across the globe,” Dillon Beresford wrote in an email …
Dan Goodin, 24 May 2011
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Nokia Siemens Networks chucks 17,000 people overboard

Ailing telco kit manufacturer Nokia Siemens Networks (NSN) is to slash 17,000 jobs worldwide by the end of 2013 as it eyes up an IPO. This equates to a 23 per cent drop in the workforce which along with rationalisation of real estate, targeted budget cuts in IT, product and service procurement and admin costs are expected to …
Paul Kunert, 23 Nov 2011
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Atos Origin buys Siemens IT wing in €850m deal

French services giant Atos Origin is buying Siemens IT unit Solutions and Services (SIS), after signing an €850m deal with the German multinational. Under the agreement, Siemens will be a “sustainable shareholder” of Atos Origin for at least the next five years, with a 15 per cent stake, or 12.5 million shares, worth €414m. …
Kelly Fiveash, 15 Dec 2010
The Register breaking news

Siemens fixes SCADA holes found by hacker

Siemens has patched security vulnerabilities in its widely used Simatic S7 industrial computer system that made it possible for attackers to disrupt or sabotage operations at gas refineries, chemical plants and other critical facilities. In an advisory (PDF) issued on Friday, the Industrial Control Systems Cyber Emergency …
Dan Goodin, 13 Jun 2011
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BBC man Linwood 'was unfairly sacked' over £100 MILLION DMI omnifail

A BBC technology chief who took the fall for the Corporation's failed £100m Digital Media Initiative was unfairly dismissed, an employment tribunal has ruled.. The tribunal that found that the BBC broke the law in suspending its chief technology officer, John Linwood. The tribunal found Linwood was unfairly dismissed under the …
Gavin Clarke, 07 Aug 2014

Unify to axe 3,800 employees, blames the cloud

Unify, the company formerly known as Siemens Enterprise Communications (SEC), is to ditch half its workforce as it pursues a future based on flogging services and software. The joint venture between Siemens (49 per cent stake) and Gores Group sprang to life as SEC in 2008, but was rebranded last November, and now plans to edge …
Paul Kunert, 04 Jun 2014
The Register breaking news

Iran lays blame for Stuxnet worm on Siemens

A senior Iranian commander has accused the German engineering firm Siemens of helping the US and Israeli to build the Stuxnet computer worm that infiltrated his country's nuclear facilities. The claim by Brigadier General Gholam Reza Jalali came on Saturday in the Islamic Republic News Service, Iran's state news agency, which …
Dan Goodin, 18 Apr 2011
The Register breaking news

Siemens union threatens BBC strike

Members of media union Bectu have voted in favour of strike action to oppose a BBC pay freeze for tech staff. Siemens staff working at the BBC voted for action unless talks on Wednesday prove successful, after a giant outsourcing deal. Bectu told the BBC the result on Friday and the two sides will meet again on Wednesday. …
John Oates, 22 Mar 2010

BlackEnergy crimeware coursing through US control systems

Industrial control systems in the United States have been compromised by the BlackEnergy malware toolkit for at least three years in a campaign the US Computer Emergency Response Team has dubbed "ongoing" and sophisticated. Attackers had compromised unnamed industrial control system operators and implanted BlackEnergy on …
Darren Pauli, 29 Oct 2014
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Luxembourg patent troll suing world+dog

Another patent troll has appeared on the horizon: Enterprise Systems Technologies, armed with a handful of patents originally assigned to Siemens, has taken out the sueball machine-gun and fired off shots at Apple, Samsung, Qualcomm, Amazon, and Audience. The Luxembourg-headquartered company has filed the lawsuits in Delaware. …
The Register breaking news

Nokia (Siemens) snaps up Motorola (infrastructure)

Nokia Siemens, the infrastructure parts of Nokia and Siemens, is spending $1.2bn on Motorola's infrastructure business, further consolidating an already oligopolistic industry. The deal should be completed by the end of the year and will give Nokia Siemens greater presence in Japan and America, not to mention CDMA and WiMAX …
Bill Ray, 19 Jul 2010

€2 BILLION: Steelie Neelie wants US to pay for her Big Data splurge

Knowledge is power. That’s the message from Steelie Neelie as the EU Commission throws half a billion at “big data”. Digital Agenda Commissioner Neelie Kroes announced the EC would contribute €500m to a €2.5bn scheme to leverage the power of big data. The rest will come from industry. According to the Commission, mastering big …
Jennifer Baker, 13 Oct 2014

Oi, lobbyists. Cough up your details – EU's new first vice-president

Tech lobbyists trying to water down EU laws may soon find themselves in the spotlight, if new EU Commission supremo Frans Timmermans gets his way. The Dutch politician – who is set to take up the EC's number two spot next month with the official title “First Vice-President in charge of Better Regulation, Inter-Institutional …
Jennifer Baker, 07 Oct 2014
HP CEO Meg Whitman

HP CEO Meg Whitman dons TRIPLE CROWN of POWER

HP CEO and president Meg Whitman has consolidated power at the top of the corporation by taking on the role of chairman as well. The manoeuvring comes days after HP confirmed that Ralph Whitworth is to step down due to health concerns, the exact nature of which were not revealed. Whitman joined HP's board at the start of 2011 …
Paul Kunert, 18 Jul 2014
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Security: Sweet brief for rare man Roche, new boss of Fujitsu TS

Fujitsu company veteran Tom Roche has grabbed the chieftain's chair at the Technology Solutions unit with a specific brief to boost security sales. The post became vacant last month when former boss Michael Keegan was made overlord of UK ops for Fujitsu, replacing Duncan Tait who was lifted to the head of the EMEIA organisation …
Paul Kunert, 18 Jun 2014
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THUNDERING GAS destroys disks during data centre incident

A few weeks ago in a Sydney data centre, something started making smoke. As its designers intended, the centre's reservoirs of inert gas started venting to stop any fire spreading. The smoke was contained, but not long afterwards tenants started to complain that some of their disks had not survived the incident, which was odd. …
Simon Sharwood, 04 Feb 2014
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Siemens' IT workers ballot for strike action at Beeb

Siemens IT staff working at the BBC are mulling possible strike action over a planned pay freeze by the tech firm. Bectu said it was sending out ballot papers to members today, in which the broadcasting union recommends industrial action. The ballot will close on 19 March and followed Siemens' decision to bring in a pay freeze …
Kelly Fiveash, 22 Feb 2010
The Register breaking news

Nokia Siemens slammed for supplying snoop tech to Iran

An Iranian journalist imprisoned in that country without trial since June 2009 is suing telecommunications concern Nokia Siemens for allegedly providing the surveillance equipment that led to his capture. Isa Saharkhiz went into hiding following Iran's 2009 presidential elections, after publishing an article branding the Grand …
Dan Goodin, 23 Aug 2010
eyeofSauron

Ericsson follows Broadcom to modem Mordor

Ericsson, once the major manufacturer of modems, is planning to leave the business. The move will see 1,000 redundancies and 500 people moving to other Ericsson projects, such as small cells. In February 2009, Ericsson entered into a joint venture with ST-Microelectronics – itself a merger of SGS-Thomson and NXP – in a bid to …
Simon Rockman, 22 Sep 2014

Uni boffins: 'Accurate' Android AV app outperforms most rivals

German researchers have built an Android app capable of detecting 94 percent of malware quick enough to run on mobile devices they say bests current offerings in effectiveness and description. Daniel Arp, Konrad Rieck, Malte Hubner and Hugo Gascon of the University of Gottingen – together with Michael Spreitzenbarth of Siemens …
Darren Pauli, 06 Oct 2014
The Register breaking news

Siemens ditches consultants

Engineering behemoth Siemens is canning contracts with external management consultants in order to cut costs. Peter Löscher, chief exec of Siemens, told managers last month to cut contracts with external consultants as quickly as possible. Staff should use internal consultants or seek sign-off from the group's chief finance …
John Oates, 12 Feb 2009
BBC logo 2012

£100m DMI omnifail: BBC managers' emails trawled by employment tribunal

The BBC last week stood by its dismissal of former technology chief John Linwood over the failed £100m digital media initiative. The Corporation was judged to have broken the law in dismissing Linwood and reading the tribunal’s findings makes the BBC's defence difficult to accept. According to the BBC, the tribunal “ …
Gavin Clarke, 12 Aug 2014
The Register breaking news

MEPs slam Nokia Siemens for aiding Iranian censors

MEPs singled out Nokia Siemens for criticism over selling censorship and surveillance systems to Iran on Wednesday, charges the networking firm said are unfounded. A European Union Parliament resolution "strongly criticizes international companies, and notably Nokia/Siemens, for providing the Iranian authorities with the …
John Leyden, 11 Feb 2010
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Microsoft outspends world's tech firms with '€5m' EU lobby bill

Microsoft spends more than any other tech company in the world on lobbying the EU, if you believe the figures in the non-obligatory EU Transparency Register. A new online tool called LobbyFacts.eu allows data from the register to be automatically sorted, compared, ranked and analysed in ways not possible through the official EU …
Jennifer Baker, 01 Oct 2014

Siemens shows slim, sexy solar-powered cordless concept

Siemens reckons we'll all soon be keeping our phones topped up with sunlight, and it's designed a concept handset, the Solar, to show how such a device might look. Siemens Solar Siemens' Solar: let there be light... There's no calculator-style tiny solar panel on top of the phone - instead, it's entire face is one big panel …
Tony Smith, 16 Oct 2008
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Siemens flogs chunk of telco unit

Siemens has finally found a buyer, or at least part-buyer, for its corporate telecoms business. Siemens Enterprise Communications is now 51 per cent owned by Alec Gores and the Gores Group. It will be combined with Enterasys and SER Communications. Enterasys was originally the enterprise arm of Cabletron before going private in …
John Oates, 30 Jul 2008

Boffins offer ROUTER DEATHLIST for software-defined network builders

Unless you've got fathomless pockets, a scary aspect of a software-defined networking implementation is the necessity for an infrastructure upgrade, since nobody wants to forklift every router in a big network all at once. Now, a paper co-authored by Nokia Siemens Networks' Marco Hoffmann proposes a set of algorithms to help …
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Siemens patent snafu sees Seagate slip away

Siemens went to the US courts to try and get Seagate to cough up patent royalties - only to be told its patents were invalid. Siemens reckoned Seagate had infringed a group of patents it thought it owned concerned with multi-layer hard disk drive sensor technology in GMR (Giant Magneto-Resistive) read heads. Siemens claimed up …
Chris Mellor, 06 Jan 2009

Apple finance overlord Oppenheimer: I love Apple, but I gotta get this pilot licence. See ya

Apple's chief bean counter Peter Oppenheimer – the man who has been a constant during Apple's dark pre-iPod days and amid the meteoric rise since – is to call it a day at the end of September. The Cupertino finance lord manages all the grey aspects of the colourful tech vendor's biz including treasury, information systems, …
Paul Kunert, 04 Mar 2014
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Siemens axes 300 UK staff at tech services arm

Siemens is slashing 300 jobs at its IT services operation in the UK. The company told staff in an internal memo, seen by The Register, that it planned to cut loose 100 ops division roles, 160 project management and consultancy jobs, and 40 finance and head office staff. “It is anticipated that the majority of the reductions …
Kelly Fiveash, 01 Jul 2009
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HEVC patent prices are out. Look who's NOT at the codec party: Microsoft and Google

The MPEG Licensing Authority (MPEG LA) has released pricing for High Efficiency Video Coding (HEVC) that is almost certainly low enough to claim the market overnight. HEVC is the successor to the tech used to encode video stored on Blu-ray Discs and streamed in high-definition digital TV transmissions the world over. The …
Faultline, 03 Oct 2014
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It's official: Siemens sells out to Fujitsu

Siemens is selling its 50 per cent stake in Fujitsu-Siemens Computers to Fujitsu. Fujitsu is paying €450m for the half share, and the deal is expected to close 1 April 2009. During negotiations FSC's president and CEO Bernd Bischoff resigned for personal reasons - he will be replaced by current CFO Kai Flore. The deal will …
John Oates, 04 Nov 2008
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What's to become of Fujitsu Siemens?

It could be a happy Christmas for Fujitsu Siemens Computers, with its continuing existence confirmed by that date. FSC is jointly-owned by Fujitsu and Siemens. In a renewed rush to become profitable, Siemens bosses have looked at FSC and thought they could get a better return on their capital elsewhere. They have been talking to …
Chris Mellor, 29 Oct 2008
The Register breaking news

BenQ administrator threatens to sue Siemens

Was BenQ Mobile insolvent in May 2006, long before it filed for liquidation? The company's insolvency administrator in Germany, Martin Prager, is preparing a multi-million euro lawsuit against Siemens in the belief that it was. German paper Die Welt broke the news on Saturday, but initially a spokeswoman for the insolvency …
Jan Libbenga, 07 Jul 2008

US and Japanese chip firms team up on MRAM project

A group of over 20 Japanese and US chip companies are joining forces to develop a way to mass produce new low power memory chips that operate ten times faster than DRAM. Firms including Micron Technology – the world’s number two DRAM producer – Renesas, Hitachi and Tokyo Electron will send experts to Tohoku university to begin …
Phil Muncaster, 26 Nov 2013