Nokia Siemens buys Motorola wireless business for $1.2bn

Nokia Siemens Networks (NSN)has today splashed out $1.2bn (£784m) on Motorola's wireless networking infrastructure business in yet another networking mega-deal. The deal, which was mooted in the business pages last week, sees Nokia take control of the entirety of Motorola's Networks unit and s

Nokia Siemens Networks (NSN) has today splashed out $1.2bn (£784m) on Motorola's wireless networking infrastructure business in yet another networking mega-deal.

The deal, which was mooted in the business pages last week, sees Nokia take control of the entirety of Motorola's Networks unit and significantly expands the Finnish-German JV's CDMA market share.

It also adds incumbent relationships with 50 new operators. Approximately 7,500 employees will transfer across to NSN as part of the deal.

The acquisition also gives NSN a longed-for sense of scale in the USA, where it claims it will now occupy the number three position in wireless infrastructure market share.

NSN head of customer operations Bosco Novak said: "As customers look to transition from CDMA networks to next generation technologies, the addition of the Motorola wireless network infrastructure business is tagrteed to ensure that we are well placed to meet those needs."

"Together we will utilise the combined strength of NSN's TD-LTE solutions and Motorola's WiMAX and LTE businesses to better meet customers' evolving technology and business needs," he added.

Motorola will retain control of the iDEN business and patents relating to its wireless network infrastructure business.

The deal is scheduled to close by the end of the year.

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