Technology content trusted in North America and globally since 1999
8,227 Reviews & Articles | 62,344 News Posts

Motorola's wireless switching business sold to Nokia Siemens

1.2 bollion dollar deal huge grab for Nokia; allows Motorola to focus on handsets
By: Don Lynn | Mobile Devices News | Posted: Jul 20, 2010 3:54 am



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.



Related Tags

Got an opinion on this news? Post a comment below!