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Author Topic: Nokia Siemens To Buy Motorola Unit For $1.2B  (Read 2770 times)

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Nokia Siemens To Buy Motorola Unit For $1.2B
« on: July 19, 2010, 02:54:05 PM »
After several months of failing to break itself up, Motorola finally succeeded Monday as it sold off most of its mobile network infrastructure unit for $1.2 billion to Nokia Siemens Networks (NSN).

The deal gives Nokia -- the world's leading supplier of mobile handsets -- an invigorated entrance to the U.S. market where it has lagged far behind other handset suppliers.

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