Nokia Siemens buys Motorola wireless network unit for $1.2B

IDG News Service – Motorola has found a buyer for its wireless network equipment unit: Nokia Siemens Networks will pay $1.2 billion for most of that business, the companies announced today.

The acquisition will bring Nokia Siemens around 50 new customers. The two wireless infrastructure vendors have few customers in common, although those they do are large ones such as China Mobile, Vodafone, Verizon Wireless, Sprint and Clearwire.

Motorola is hanging on to its wireless patent portfolio and to its iDEN trunked wireless system, used by U.S. operator Sprint Nextel, among others.


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By Peter Sayer

IDG News Service – Motorola has found a buyer for its wireless network equipment unit: Nokia Siemens Networks will pay $1.2 billion for most of that business, the companies announced today.

The acquisition will bring Nokia Siemens around 50 new customers. The two wireless infrastructure vendors have few customers in common, although those they do are large ones such as China Mobile, Vodafone, Verizon Wireless, Sprint and Clearwire.

Motorola is hanging on to its wireless patent portfolio and to its iDEN trunked wireless system, used by U.S. operator Sprint Nextel, among others. Leer más “Nokia Siemens buys Motorola wireless network unit for $1.2B”