Friday, 22 September 2017

Nokia won't pursue Alcatel-Lucent acquisition

By Sven Grundberg and Sam Schechner
Tuesday 19 November 13

Nokia recently looked at Alcatel's IP-routing, wireless divisions

Nokia Corp. won't pursue an acquisition of parts of Alcatel-Lucent after weighing various options related to the French network-gear maker's business lines, according to people familiar with Nokia's plans. Nokia, in the process of shedding its money-losing handset business to focus on wireless networks and other ventures, recently looked at whether Alcatel's IP-routing and wireless divisions would fit with Nokia's NSN business. But Nokia has decided not to pursue formal talks at this time, these people said. Nokia's board had earlier in the year discussed whether to pursue an Alcatel tie…

Nokia Corp. won't pursue an acquisition of parts of Alcatel-Lucent after weighing various options related to the French network-gear maker's business lines, according to people familiar with Nokia's plans. Nokia, in the process of shedding its money-losing handset business to focus on wireless networks and other ventures, recently looked at whether Alcatel's IP-routing and wireless divisions would fit with Nokia's NSN business. But Nokia has decided not to pursue formal talks at this time, these people said. Nokia's board had earlier in the year discussed whether to pursue an Alcatel tie…

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