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Nokia to buy networks division from Siemens

2013-07-02 21:11:09| Telecom - Topix.net

Nokia Siemens Networks, whose Munich headquarters are seen above, will become a subsidiary of Nokia based out of Espoo, Finland, but Nokia said it will still mainatin a regional presence for the networks division in Germany Nokia is turning to the stronger-performing parts of its business to help bolster its struggling smartphone arm, as it offered ... (more)

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Nokia to buy networks division from Siemens

2013-07-02 20:31:27| Industrial Machines - Topix.net

Nokia Siemens Networks, whose Munich headquarters are seen above, will become a subsidiary of Nokia based out of Espoo, Finland, but Nokia said it will still mainatin a regional presence for the networks division in Germany Nokia is turning to the stronger-performing parts of its business to help bolster its struggling smartphone arm, as it offered ... (more)

Tags: buy networks division nokia

 
 

Former Nokia SVP joins Huawei's Consumer Business Group

2013-07-02 16:47:49| CNET News.com

Colin Giles, a former senior vice president of sales at Nokia, is now executive vice president of Huawei's Consumer Business Group. [Read more]    

Tags: business group consumer nokia

 

Nokia to pay $2.2B for Siemens' stake in Nokia Siemens Networks

2013-07-01 16:26:56| InfoWorld: Top News

Nokia is to acquire Siemens' 50 percent stake in joint venture Nokia Siemens Networks, which will become a wholly owned subsidiary of the Finnish company after the transaction is completed. The handset maker is paying 1.7 billion ($2.2 billion) to acquire the stake in the mobile networks equipment company. The Siemens name will be phased out, and a new name and brand will be announced at the closing of the transaction expected by the third quarter of this year.

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Nokia to buy out Siemens equipment venture

2013-07-01 15:33:54| MobileTechNews

Nokia plans to buy out their profitable partnership with Siemens for 1.2 billion euros cash plus another 0.5 billion loan.

Tags: buy equipment nokia siemens

 

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