SoylentNews is people
SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.
SoylentNews
Nokia has announced its intention to acquire the telecoms equipment company Alcatel-Lucent for 15.6 billion EUR (US$16.6bn). The new company will be called Nokia and have its headquarters in Finland, but will retain Alcatel-Lucent's Bell Labs name for its R&D activities. The deal has to be approved by Nokia shareholders.
Nokia has also announced a "strategic review" of its HERE mapping business, which evolved from its acquisition of Navteq back in 2007 for $8.1 billion. It will reportedly sell the mapping division for $2 billion. That price is at the low end of what was previously rumored.
This discussion has been archived.
No new comments can be posted.
Nokia Intends to Buy Alcatel-Lucent
|
Log In/Create an Account
| Top
| 12 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
The last time I saw him he was walking down Lover's Lane holding his own hand.
-- Fred Allen
(Score: 2) by richtopia on Friday April 17 2015, @02:38AM
I thought the market was basestations for this transaction, not handsets.
NYT includes Cisco as a competitor for example (javascript needed). http://www.nytimes.com/2015/04/16/business/dealbook/nokia-and-alcatel-lucent-takeover-deal-announced.html?_r=0 [nytimes.com]
(Score: 2) by kaszz on Friday April 17 2015, @09:48AM
You'll need to sacrifice your first born to get a peek at NyT..