John Paczkowski

Recent Posts by John Paczkowski

Nokia Establishes Modem Connection With Renesas

acquisitions_phag_thumbNokia is unloading its wireless modem business. The company said today that Renesas Electronics is acquiring the division, which makes inexpensive plug-in USB modems, for $200 million. As part of the deal, Renesas is getting Nokia’s LTE, HSPA and GSM technologies and patents, as well as 1,100 Nokia R&D staffers. It’s also entering into a long-term alliance with the company to develop future wireless broadband standards–high-speed packet access (HSPA+) and long-term evolution (LTE).

“The planned transfer of Nokia’s wireless modem business enables Renesas Electronics to maximize the value of Nokia’s technology assets and engineering expertise in delivering advanced mobile platform solutions to the market by combining them with Renesas Electronics’ market-proven multimedia processing and RF technologies,” Nokia said in a statement.

Unloading a wireless communications hardware business as Nokia (NOK) is doing here might seem an odd move for a wireless communications hardware maker, but in this case it’s quite wise. Wireless modems are a low-margin business. Nokia is far better off dumping it and focusing more of its energy on its smartphone and Internet services businesses, which have been lagging for far too long.

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik