Fujitsu buys out Siemens' share of computing joint venture, logo designers rejoice
Fujitsu Siemens Computers becomes the latest victim of corporate restructuring under the pressure of a global economic turn down. Fujitsu announced that it's acquiring beleaguered Siemens AG's 50 percent share of the joint venture for €450 million (about $580 million). The partnership established back in 1999 should be dissolved by April, assuming government approval naturally. Hey US, you're not the only country with a stake in today's presidential election -- oh you betcha.
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