Two sources familiar with the transaction said Germany's Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations... more 
Two sources familiar with the transaction said Germany's Siemens has received tentative offers for the postal automation and baggage-handling division being sold in its effort to streamline operations and shed non-core assets. The postal operation, which counts the U.S. Postal Service and Deutsche Post among its customers, has benefited from the growing number of consumers shifting to internet shopping. With tablet and smartphone video content sales expected to hit $9.5 billion in four years, all things digital will be the focus at the world's largest consumer electronics fare in Germany this September. Germany's Studio Babelsberg confirmed year-end figures that show overall revenues plunged last year but 2013 is already shaping up to be a stronger year. Four international features-George Clooney's The Monuments Men,Wes Anderson's The Grand Budapest Hotel,Brian Percival's The Book Thief and The Voices from Persepolis helmer Marjane Satrapi-shot at Babelsberg-in-the-first-half-of-the-year. less 
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Wochit
Thu, Jul 11, 2013 12:20 PM EDT