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Siemens Communications was the communications and information business arm of German industrial conglomerate Siemens AG, until 2006. It was the largest division of Siemens, and had two business units - Mobile Networks and Fixed Networks; and Enterprise. Siemens Communications division was founded in 1998 through the amalgamation of a number of early groups / divisions of Siemens AG, the oldest of which traces back to the company 'Siemens & Halske Telegraph Construction Company' founded in 1847, and the most prominent predecessor being the 1978-founded 'Siemens Communication Systems'. On October 1, 2006, Siemens AG decided to divide Siemens Communications into two companies: 'Siemens Networks GmbH & Co. KG' and 'Siemens Enterprise Communications GmbH & Co. KG'. The company remains extant, through a series of mergers and divisions, as Siemens Enterprise Communications - a 2008 joint venture with the Gores Group where Siemens AG hold 49% with the balance of 51% held by the American partner.