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Motorola's wireless switching business sold to Nokia Siemens

1.2 bollion dollar deal huge grab for Nokia; allows Motorola to focus on handsets

| Mobile Devices News | Posted: Jul 20, 2010 3:54 am

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Motorola's Droid X debuted with a huge sellout on the first day of availability, and it seems that Motorola may be throwing most of their eggs in the handset basket as the announcement dropped today that Nokia Siemens purchased Motorola's wireless switching business for a reported 1.2 billion dollars.

 

Nokia Siemens grabs around 50 huge customers in the deal and "significantly strengthens Nokia Siemens Networks' presence globally, particularly in the United States and Japan." Motorola will retain their iDEN "push to talk" system but has significantly streamlined their business to mostly consist of handset manufacturing and a few other minor items like headphones and set tops.

 

NEWS SOURCE
Mobilecrunch.com

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