nokia siemens networks

Nokia Siemens Networks transaction completed, division renamed to Nokia Solutions and Networks

Nokia Siemens Networks transaction completed, division renamed to Nokia Solutions and Networks

Nokia has completed the acquisition of Nokia Siemens Networks, eliminating Siemens' stake in the then joint-venture. Nokia now owns the company and has altered the branding to Nokia Solutions and Networks (NSN - www.nsn.com). As well as the name alteration, there have been a handful of changes on the board of directors, but NSN will continue to operate with and be consolidated by Nokia...

Rich Edmonds 12
Report: Nokia to buy out Siemens half in joint venture deal. [Update] It's official

Report: Nokia to buy out Siemens half in joint venture deal. [Update] It's official

Well, it looks like there’s some good news coming out of Finland tonight, as Bloomberg is reporting that Nokia has agreed to buy out the half of the joint-venture from Siemens. Nokia-Siemens Networks had been losing money until recently and Siemens had wanted to get away from the deal, so it’s not too much of a surprise that Nokia would pick up the now profitable division. The sale...

Daniel Rubino 87