SAN FRANCISCO, July 19 evening news, according to foreign media reports, Nokia Siemens Networks, Inc. (hereinafter referred to as "Nokia Siemens"), announced Monday, will be 12 billion cash acquisition of Motorola's wireless network infrastructure sector most of the assets.
Nokia Siemens CEO Jifu Su Li (Rajeev Suri), said in a statement: "This is an exciting transaction will further enhance the profitability of Nokia Siemens will provide customers, employees and shareholders to bring huge benefits. "
For Motorola, the transaction will increase the amount of cash in their hands. Early next year, Motorola will spin off its mobile phones and set-top box business. With the introduction of new smart phones, Motorola mobile phone unit is trying to restore vitality. But this requires large amounts of cash support to carry out the necessary acquisitions.
Into the United States and Japan
Nokia Siemens for Japan and the United States has long coveted, and the acquisition of Motorola's wireless sector can enter the market successfully. While Motorola's main production of the sector some of the old network technology equipment, but can help to get more mobile of Nokia Siemens carrier relationships, such as Verizon, Sprint and KDDI, etc..
Yankee Group analyst Kenneth Leibei En (Kenneth Rehbehn) said that, although Verizon has selected the fourth-generation network equipment partners, but by virtue of the deal, Nokia Siemens expected future short-listed.
Motorola's wireless network equipment sector produces GSM networks in the wireless CDMA and traditional voice, data and video equipment. Under the agreement, Nokia Siemens will acquire most of the assets of the sector, while Motorola will retain the "iDEN" Push to Talk (push to talk), and public safety technology.
After completion of the transaction, will be about 7,500 employees were transferred to Nokia, Motorola, Siemens, including in the United States, China and India R & D team.
The deal shows that Motorola is in turn in the wireless market, a lost opportunity. In the first wireless communications market, a large part of the device invented by Motorola. Currently, Motorola's networks sector size is far smaller than competitors such as Ericsson. In recent years, due to restructuring operators, Motorola's contract less and less. In contrast, in emerging markets, Huawei and other competitors to win more and more customers.
Tuesday, July 20, 2010
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