Nokia Siemens Networks Considering Bids
Nokia confirmed today that it and partner Siemens are entertaining bids for their Nokia Siemens Networks joint venture. Siemens also confirmed that bids had been placed, though neither company revealed the names of the private equity companies that are interested in purchasing the joint venture. "There has been unsolicited interest in NSN and we continue to be in constructive talks with multiple parties," said Nokia spokesman Doug Dawson. The partnership between Nokia and Siemens expires in 2013 and the two firms have been weighing options on the networking company's future. A sale to private investors would allow both Nokia and Siemens to concentrate resources on other portions of their respective businesses.
Hands On with the Nokia 8
The Nokia 8 is the first flagship phone from the "new Nokia". What separates it from the rest of Nokia's current lineup is the dual-camera system with Zeiss lenses.
Nokia Brings Back the 3310
Nokia today introduced a new version of the old Nokia 3310 phone. It includes a color screen, Snake, and the original Nokia ringtone.
Nokia Forges China Joint Venture to Win Alca-Lu Approval
Nokia has signed a memorandum of understanding with a China government-backed investment company called Huaxin in order to encourage approval of its proposed acquisition of Alcatel-Lucent. The acquisition has already been approved by U.S.
Audi, BMW, Daimler to Buy Nokia's HERE Maps
A consortium of three German automotive makers has agreed to purchase HERE Maps from Nokia for about $2.71 billion, according to the Wall Street Journal. Sources familiar with Nokia's plans say Audi, BMW, and Daimler (Mercedes) have fielded a winning bid for the mapping division, which Nokia put up for sale earlier this year.