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Earlier quoted context omitted.
Don't forget that Microsoft('s lackey) took care of lowering their value as much as possible before buying the Devices and Services unit for some spare change.
Come on. Nokia was doing a fine job of lowering the value of their handset business on their own.
I don't really understand how this works. Microsoft bought Nokia for about $7B[1] and now Nokia pays more than twice that amount for Alcatel? Where is this money coming from and why is Alcatel worth so much more? [1] http://www.businessinsider.com/microsoft-closes-nokia-acquis...
I don't really understand how this works. Microsoft bought Nokia for about $7B[1] and now Nokia pays more than twice that amount for Alcatel? Where is this money coming from and why is Alcatel worth so much more? [1] http://www.businessinsider.com/microsoft-closes-nokia-acquis...
Nokia is also a telecommunication equipment designer and manufacturer (since long before cell phones even existed) similar to Ericsson, Huawei or Alcatel-Lucent. They also got into nav/geomapping after buying Navteq (then Ovi, currently HERE) but that's probably getting spun off.
So it's Nokia-Siemens-Alcatel-Lucent? A powerhouse!
Valued less than WhatsApp!
Essentially this means that Nokia won't get back into consumer hardware for a good while. The mapping division (Here) will probably be sold soon. The mobile networks business is now the primary driver at the company. They'll have their hands full trying to integrate the Alcatel-Lucent networks business with their existing assets. (Remember that Nokia's networks business today is already the result of a merger with Si…
Also worth noting is that AL ows a pretty big pool of patents, so I'm not sure what was Nokia's main motivation.
Earlier quoted context omitted.
Don't forget that Microsoft('s lackey) took care of lowering their value as much as possible before buying the Devices and Services unit for some spare change.
Come on. Nokia was doing a fine job of lowering the value of their handset business on their own.
Nokia in 2007-2010 was spending many times more than Apple on R&D. For that money, they got multiple infighting operating system teams each developing their own half-baked thing (Symbian, MeeGo, Qt, S40) and device teams that were building uncompetitive devices on top of 3-year-old software.
Essentially this means that Nokia won't get back into consumer hardware for a good while. The mapping division (Here) will probably be sold soon. The mobile networks business is now the primary driver at the company. They'll have their hands full trying to integrate the Alcatel-Lucent networks business with their existing assets. (Remember that Nokia's networks business today is already the result of a merger with Si…
Essentially this means that Nokia won't get back into consumer hardware for a good while. The mapping division (Here) will probably be sold soon. The mobile networks business is now the primary driver at the company. They'll have their hands full trying to integrate the Alcatel-Lucent networks business with their existing assets. (Remember that Nokia's networks business today is already the result of a merger with Si…
So it's Nokia-Siemens-Alcatel-Lucent? A powerhouse!
Siemens is still Siemens, and Nokia bought Siemens's shares in NSN (renaming it Nokia Networks) in 2013.
It's a company that has no speed to compete in the modern world
See what divisions they closed/sold off in the past years
Can't say I'm sorry