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Wednesday, May 4, 2011

Nokia Siements Networks, Motorola Solutions, Latest Communication Hardware, software and professional services companies in the world , Innovation and Communication Technology, Nokia Siemens Networks completes acquisition of certain wireless network infrastructure assets of Motorola Solutions, GSM, CDMA, WCDMA, WiMAX and LTE products and services transfers to Nokia Siemens Networks, Nokia Siemens Networks' position as the world's second largest wireless infrastructure,TechRecur | Latest Technology Reviews, News and Trends on Mobile Phones, Mobile Apps, TabletPC, Laptop, LTE, 3G, 4G, Cloud Computing

- Pays USD 975 million in cash

- Approximately 6900 employees will transfer to Nokia Siemens Networks

- Takes on responsibility for 50 operator customers in 52 countries

Espoo, Finland and Schaumburg, Illinois, USA – Nokia Siemens Networks and Motorola Solutions, Inc. (NYSE: MSI) today jointly announced that Nokia Siemens Networks has completed its acquisition of Motorola Solutions’ Networks assets paying US $975 million in cash. As of April 30 2011, responsibility for supporting customers of Motorola Solutions’ GSM, CDMA, WCDMA, WiMAX and LTE products and services transfers to Nokia Siemens Networks.