So, over the weekend, a German newspaper, the Frankfurter Allgemeine Sonntagszeitung (sunday edition) reported that Siemens and Motorola were engaged in talks, one possible result of which is the complete takeover of Siemens COM, the german giant's telecom division.

Certainly the rumor mill has been rife with potential mergers and takeover targets since before the whole Lucent/Alcatel "merger of equals" affair began.

It will be interesting to see how this one plays out. Motorola defintiely brings a wireless pedigree to the relationship, but Siemens Mobile networks division is the leading group at COM.

The paper said a meeting of Siemens' board of supervisors could occur as soon as April 24.