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  • Nokia Chairman Risto Siilasmaa Outlines Its Next Reinvention

    Nokia Chairman Risto Siilasmaa Outlines Its Next Reinvention

    In a blog post, Nokia chairman and interim CEO Risto Siilasmaa gave more details about the company’s plans now that it has exited the smartphones business. This marks the most recent reinvention for the 150-year-old company, which began as a paper mill in the 1860s and moved on to rubber products before morphing into an electronics maker. Without its Devices & Services division, which… Read More

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

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

    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… Read More