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| Nokia Siemens Networks looking to renegotiate $1.2B Motorola deal | Nokia Siemens Networks is trying to renegotiate a $1.2 billion network infrastructure assets purchase from Motorola, according to sources speaking to Bloomberg. In an effort to please Chinese authorities, which have delayed the purchase due to antitrust concerns, Nokia Siemens Networks is seeking to leave Motorola Solutions’ GSM unit out of the purchase, and adjust the deal accordingly. Chin [..] Read complete article |  | Published 16-Mar-2011 by Todd Haselton in Read 13 times. More hits in  |
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| Nokia, Siemens bail on effort to sell Nokia Siemens Networks | Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like LG and ASML of European handset market descending into a slump and sell [..] Read complete article |  | Published 13-Jul-2011 by Todd Haselton in Read 7 times. More hits in  |
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| Nokia Siemens Networks to lay off more than 4,000 workers in Europe | | Nokia Siemens Networks recently announced that it will cut as many as 1,200 jobs in Finland and lay off another 2,900 workers in Germany as it begins to restructure the company. Both Nokia and Siemens originally tried to sell the joint venture, which has struggled to report a profit, but gave up those plans this past summer. The move is expected to save ?1 billion per year, Reuters said Tuesday. N [..] Read complete article |  | Published 31-Jan-2012 by Todd Haselton in BusinessMobileFinlandGermanylay offsNokiaNokia Siemens NetworksNSNrestructuringSiemens Read 4 times. More hits in  |
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| Nokia Siemens Networks lays off 1,500 employees | | Nokia Siemens Networks announced on Friday that it will begin to layoff 1,500 of its employees. The affected staff are part of its WiMAX and GSM divisions, and a spokesperson told Reuters that many of the employees were originally brought on as part of NSN’s infrastructure purchase from Motorola. In March, Nokia Siemens Networks tried to renegotiate the $1.2 billion deal with Motorola to lea [..] Read complete article |  | Published 05-Aug-2011 by Todd Haselton in Mobile1500cutsemployeeslayoffsMotorolaNokiaNokia SiemensNokia Siemens NetworksNSNSiemens Read 7 times. More hits in  |
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| Nokia exec: In patent wars, Google-Motorola deal won?t help Android at all | Another patent expert weighed in on Google’s proposed $12.5 billion Motorola Mobility acquisition on Friday, and once again the deal is not seen as having the potential to stave off the flood of lawsuits targeting Android partners. In an interview with Finnish-language business magazine Talouselama published on Friday, Nokia’s chief of patent licensing Paul Melin went on record in stat [..] Read complete article |  | Published 02-Sep-2011 by Zach Epstein in LegalacquisitionApplegooglemicrosoftMotorolaNokiapatent infringementpatents Read 14 times. More hits in  |
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| Nokia CEO wary of Motorola/Google deal, warns Google?s Android partners | Speaking during a seminar in Helsinki, Nokia CEO Stephen Elop gave a gloomy response to Google’s planned $12.5 billion takeover of Motorola Mobility. “If I happened to be someone who was an Android manufacturer or an operator, or anyone with a stake in that environment, I would be picking up my phone and calling certain executives at Google and say ‘I see signs of danger ahead, [..] Read complete article |  | Published 17-Aug-2011 by Todd Haselton in Read 6 times. More hits in  |
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| Nokia Siemens to acquire Nortel?s LTE and CDMA assets | Canada-based Nortel, once North America?s largest telecommunications equipment manufacturer, filed for bankruptcy in January 2009 after a turnaround effort failed. As part of its bankruptcy proceedings, Nortel will sell its LTE and CDMA assets to Nokia Siemens for a cool $650 million. The acquisition will improve Nokia Siemen?s position in both North America and the [...] [..] Read complete article |  | Published 20-Jun-2009 by Kelly Hodgkins in CDMALTENewsPress ReleaseWirelessbankruptcyCanadaNokia SiemensNortelNorth America Read 10 times. More hits in  |
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