Nokia Siemens Networks to Acquire Certain Wireless Network Infrastructure Assets of Motorola for USD 1.2 Billion

- Transaction expected to significantly strengthen Nokia Siemens Networks’ presence globally, particularly in the United States and Japan.- Nokia Siemens Networks targeting to gain incumbent relationships with more than 50 operators and strengthen relationships with others.- Acquisition to enhance position of Nokia Siemens Networks in key wireless technologies; will give company large global footprint in CDMA.- Motorola retains the iDEN business, substantially all the patents related to its …

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