Nokia Siemens buys Motorola's switching business for $1.2 billion
With the unit, Nokia Siemens gets 50 large customers like China Mobile, Sprint, and Verizon. Motorola will still own the iDEN “push-to-talk” system but has sold off their manufacturing systems for GSM, WiMax, and LTE switches. In short, Motorola is now a handset manufacture that dabbles in set-top boxes and headphones.
Here’s hoping Moto survives this change. It’s an odd move by an odd company and clearly Schaumburg is betting the farm on their handsets.