Siemens looking to sell hospital IT unit: report

July 8, 2014 3:20 am


Siemens is exploring a sale of its hospital database and information technology unit, as it focuses on its energy and industrial businesses, Bloomberg has reported, citing two people familiar with the plans. The German engineering company is evaluating the options for the business, and no final decision has yet been made, said the people. The unit could be valued at more than €1bn ($1.4bn), said one of the people.

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