MUNICH, Germany-Siemens Mobile Acceleration said it adopted a new name and plans to invest $100 million during the next five years in startups.
The company will extend its focus to all communications companies in Europe, Israel, North America and Asia, the company said.
“Siemens Acceleration will be supporting all segments of Siemens Communications-Carrier Networks, Enterprise Networks and Devices-in order to secure its role as a trendsetter in convergence solutions for fixed and mobile networks, public and private networks, and multifunctional devices,” said the company.
