Fujitsu buys out Siemens' share of computing joint venture, logo designers rejoice

It's not the first, and certainly won't be the last, now 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.