John Paczkowski

Recent Posts by John Paczkowski

Motorola Unloads Infrastructure Unit on Nokia Siemens

Motorola has found a buyer for its network equipment business–a portion of it, anyway. Nokia Siemens Networks will pay $1.2 billion for most of Motorola’s network infrastructure operations, the companies announced Monday.

Under the terms of the deal, Motorola (MOT) will retain its wireless patent portfolio and iDEN assets, while Nokia Siemens acquires all that remains: the company’s GSM (Global System for Mobile Communications), CDMA (Code-Division Multiple Access), WCDMA (Wideband Code-Division Multiple Access), WiMax and LTE (Long-Term Evolution) operations, along with contracts to supply some 50 wireless carriers and cable companies, among them top wireless carriers like Verizon (VZ), Sprint Nextel (S) and KDDI in Japan.

Not a bad deal for Nokia Siemens, which had been struggling to bolster its presence in North America. The company last year bid in two auctions for Nortel Networks’ assets and lost both times, first to Ericsson and then to Ciena.

For Motorola, which has been looking to unload its network infrastructure business for quite some time now, the deal is an important step in its plan to spin off its mobile and cable set-top box divisions into a separate company early next year.

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December 30, 2013 at 6:49 am PT

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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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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work