German government approves $1.6 billion to spur IT innovation
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Speaking at Germany's first-ever IT summit on Monday, German Chancellor Angela Merkel said telecommunications companies need to hook up with the country's traditional heavyweights in the automotive and chemical sectors, especially in the area of software engineering.
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The German government is seeking nearly &#36;6 billion in compensation from the consortium running a much-delayed project to collect truck tolls using satellite technology, the country's transport minister said Thursday.
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An internal probe at the German engineering group Siemens has raised the amount of suspicious transactions the company is investigating to about 1.6 billion euros (2.3 billion dollars), a press report said Thursday.
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I.B.M. plans to invest $250 million over the next five years and employ 1,000 people in a new business unit to support products and services related to sensor networks.
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Infineon, the German maker of computer chips, said it planned to invest one billion dollars (750 million euros) in building a new production plant in Kulim High Tech Park, Malaysia.
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A 54bn-euro (Â£36bn) plan to boost science research in Europe is approved by the EU Parliament.
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The European Parliament has approved a 54bn euro (Â£36bn) plan to boost science research in Europe.
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Germany has won support from the United States and Britain for an initiative to tighten controls on hedge funds, a newspaper reported on Monday.
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The German Cabinet on Wednesday approved a one-year extension to the country's increasingly unpopular role in the NATO mission in Afghanistan, a decision that must now be passed by parliament.
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(InfoWorld) - The European Union will provide a sizeable amount of money to research groups this year as part of a multiyear program to spur research in new information and communications technologies. More than 2,000 ICT researchers met Thursday in Cologne, Germany, to learn how they can participate in the E.U.'s 7th Framework Program for research and development, with a budget of â¬50 billion ($65 billion) through 2013. ICT research accounts for the lion's share of the framework budget at â¬9.1 billion, with â¬1.2 billion to be allocated this year. The E.U. is keen to fund research in areas where the region has a technological edge, including communications, software systems, networked media, and embedded systems. The European government also hopes to speed innovation in areas where companies in the region could gain a competitive edge, such as next-generation Internet technology. Early E.U. investment in digital mobile communications, the Brussels government is quick to point out, led to the development and worldwide adoption of the GSM standard, the most widely used mobile phone system in the world. Research organizations across Europe are encouraged to establish a research priority, form a consortium, and apply for funding. The E.U., which launched a call for proposals on Dec. 22, will accept proposals through May 8. While researchers team up in Cologne, other partnerships are already taking shape in the ICT area. Under aÂ new strategy for funding technology research announced in November, the E.U. has agreed to pool its vast resources with those from private industry and individual member states in a public-private partnership. The plan calls for technology companies and research institutes to marry their own R&DÂ investments with additional funds from the member states and the E.U. through new Joint Technology Initiatives (JTI). The first JTI, called Artemis, is focused on embedded systems, an area signaled by European ministers as being of strategic importance for Europe's economy. European industry's own research investment in this area is estimated at around â¬15 billion to â¬20 billion per year. Â
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Deutsche Telekom AG, Europe's biggest telecommunications company, said Monday it will buy the remainder of SunCom Wireless Holdings Inc. for $1.6 billion in cash.
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German vendor develops experimental system that transmits data at 1 Gbps using a new antenna system and OFDM. By Mobile Pipeline News.
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Germany's gross domestic product (GDP) grew by 1.7 percent in 2004 after three years of stagnation, the Federal Statistic Office announced Thursday.
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BERLIN  - Germany's leading economic institutes on Tuesday raised their growth forecast for the country this year to 1.8 per cent, but predicted that the recovery in Europe's largest economy would slow next year amid slowing export growth and high oil prices.
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IBM Corp. will spend more than $1 million to help fund a Linux technology center in Brazil. The center, created in conjunction with the Brazilian government
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Despite concerns about software patents in Europe, Germany&#39;s Munich city government make their move to Linux official according to Reuters.
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Germany announced Sunday that it was sending one million euros of aid for Asian countries hit by the tidal wave disaster.