According to a report in the Frankfurt Allgemeine Zeitung, Motorola is not interested in acquiring Siemens' mobile phone business. Late last week rumors broke that Motorola and Siemens were in advanced talks about a potential partnership or deal for the handset unit. Siemens has been trying to find a solution for its ailing mobile phone business for months, courting potential investors and buyers.
For more on the Motorola, Siemens rumor:
- see this story from CBS MarketWatch