December 12th, 2011

ADTRAN Buys Nokia Siemens Networks’ Fixed Line Broadband Access Business (400 People)

adtran

ADTRAN this morning announced that it is to acquire Nokia Siemens Networks’ fixed line Broadband Access business, all associated services and network management solutions, intellectual properties, technologies and the established customer base. Financial terms of the acquisition were not disclosed.

The news comes right after Nokia Siemens Networks announced that it would be laying off 17,000→ Read More

November 23rd, 2011

Nokia Siemens Networks To Cut 17,000 Jobs, Writes Worst Press Release Headline Ever

nsn

Nokia Siemens Networks would like you to know that it “puts mobile broadband and services at the heart of its strategy”, and to demonstrate this they plan to fire roughly 17,000 people worldwide before the end of 2013 as part of ‘an extensive global restructuring program’. → Read More

November 4th, 2011

DragonWave Buys Part Of Nokia Siemens Networks, Gains 360 Employees

nsn

DragonWave this morning announced plans to acquire Nokia Siemens Networks’ microwave transport business, including its associated operational support systems and related support functions.

The move turns DragonWave into a strategic supplier of packet microwave and related products to Nokia Siemens Networks, and the companies state they will “jointly coordinate technology development… → Read More

March 9th, 2011

China Authorities Delay Nokia Siemens Networks' $1.2B Deal With Motorola

Telecom gear company Nokia Siemens Networks‘ acquisition of Motorola‘s wireless networks infrastructure assets will be delayed further beyond the Q1 deadline as Chinese regulatory authorities continue to review the deal, the company announced this morning. The joint venture had originally announced that it would be acquiring Motorola’s network unit for $1.2 billion in cash in July 2010.

In a → Read More