Wednesday, July 14, 2010

Report - Nokia Siemens Networks is in talks to buy the telecoms equipment part of Motorola for around USD 1.2 billions

[wsj] Nokia Siemens Networks is in talks to buy the telecom-equipment arm of Motorola Inc., people familiar with the matter said, a deal that would hasten the dismantling of the U.S. technology company.

The two companies are discussing terms, and a deal could be worth $1.1 billion to $1.3 billion, one of the people said. A deal could be reached in the next few weeks, people familiar with the matter said.

Talks for Motorola Division Heat Up

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