Nokia Networks to Buy Panasonic's Base Station Biz
Nokia Networks today announced that it has agreed to purchase select portions of Panasonic's wireless business. Specifically, the company will buy Panasonic's mobile phone wireless base station and related wireless equipment system businesses. As part of the deal, Panasonic will transfer fixed assets, employees, and business contracts to Nokia in Japan. Nokia called Japan a key market and believes the deal will strengthen its business goals there. The terms of the deal have not been finalized, but Nokia Networks expects the asset acquisition to close by January 2015. Panasonic ceased making smartphones in late 2013. Nokia sold its handset business to Microsoft earlier this year.
Panasonic Gives Your Phone an Upgrade on Your Next Flight
Panasonic's latest seatback systems for planes are more phone-oriented than ever, providing a dedicated spot for your phone, Qi wireless charging, USB 3.0 SuperSpeed for charging and media, and even an HDMI input. The multiple USB ports can not only charge your phone but also let you access your videos, photos, and music on the seat's 13-inch full-HD touch screen, which is actually based on an Android tablet.
Nokia to Buy Alcatel-Lucent, Mulling Options for HERE Maps
Nokia today said it has agreed to acquire Alcatel-Lucent for $16.6 billion. The combined companies would be a giant in the telecom equipment space with more than 100,000 employees.
Nokia and Samsung Settle Patent Licensing Deal
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
Nokia Networks to Acquire Eden Rock
Nokia Networks today announced its intent to acquire Eden Rock Communications for an undisclosed sum. Eden Rock pioneered self-organizing networks (SON) technology for mobile broadband operators.