Nokia Siemens

Nokia Siemens to Cut 17,000 Jobs

Arild Moen, Reporter, The Wall Street Journal in News on November 23, 2011 at 5:15 am PT

Network equipment maker Nokia Siemens Networks Wednesday said it will cut 17,000 jobs globally in a bid to reduce operating costs by €1 billion by the end of 2013, part of a major restructuring that will see the company focus on mobile broadband and services.

Meet Qwilt, Creator of Smart Video-Caching Gear, and New Member of the Flash Madness Club

Arik Hesseldahl in Enterprise on October 19, 2011 at 8:59 pm PT

Coming out of stealth today with $24 million from Redpoint Ventures, Accel and other investors, Qwilt stores copies of the videos that are popular in your neighborhood to help make the network run faster. And? It uses flash memory to do it! Flash Madness continues.

Nokia Siemens Closes Motorola Deal

John Paczkowski in News on April 29, 2011 at 1:14 pm PT

Its legal spat with Huawei resolved, Motorola Solutions today completed the transfer of its telecom network equipment business to Nokia Siemens. Valued at $975 million in cash, the deal includes the transfer of about 6,900 employees to Nokia Siemens, and will make it the third-largest wireless infrastructure provider in the United States and the leading non-Japanese wireless vendor in Japan.

Motorola and Huawei Hug It Out

John Paczkowski in News on April 13, 2011 at 11:35 am PT

Motorola Solutions and Huawei have settled their differences, putting an end to their dueling lawsuits and clearing the way for the transfer of Motorola’s telecom network equipment business to Nokia Siemens.

Huawei! We're Suing Motorola!

John Paczkowski in News on January 24, 2011 at 3:39 pm PT

Here’s a sinister little walk-up to the Motorolae’s first earnings report this week. Huawei Technologies is suing Motorola Mobility and Motorola Solutions, seeking to prevent them from transferring its intellectual property to Nokia Siemens, which purchased Motorola’s wireless network business last year for $1.2 billion.

Talks for Motorola Division Heat Up

Sara Silver and Anupreeta Das, Reporters, The Wall Street Journal in News on July 13, 2010 at 4:27 pm PT

Nokia Siemens Networks is in talks to buy the telecom-equipment arm of Motorola Inc., people familiar with the matter said, a deal that would hasten the dismantling of the U.S. technology company. The two companies are discussing terms, and a deal could be worth $1.1 billion to $1.3 billion, one of the people said. A deal could be reached in the next few weeks, people familiar with the matter said, though talks could still fall apart.

Huawei's Brave New World

Yun-Hee Kim, Reporter, The Wall Street Journal in News on June 10, 2010 at 5:00 am PT

Many people outside of China haven’t heard of Huawei Technologies. But the Chinese telecom equipment vendor has been gaining on its European and U.S. rivals, including Ericsson, Nokia Siemens and Alcatel-Lucent, with its pricing advantage as well as its technology.

Ciena Snags Nortel’s Optical Business

John Paczkowski in News on November 23, 2009 at 5:30 am PT

Ciena is buying Nortel Networks’ optical networking and carrier Ethernet business after besting an offer from Nokia Siemens in a three-day auction. Ciena will pay $769 million for these assets from the now-bankrupt company, noting that they will significantly bolster its Internet infrastructure business.

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