• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Nokia and Siemens to merge Mobile Divisions

malware

New Member
Joined
Nov 7, 2004
Messages
5,422 (1.12/day)
Likes
954
Location
Bulgaria
Processor Intel Core 2 Quad Q6600 G0 VID: 1.2125
Motherboard GIGABYTE GA-P35-DS3P rev.2.0
Cooling Thermalright Ultra-120 eXtreme + Noctua NF-S12 Fan
Memory 4x1 GB PQI DDR2 PC2-6400
Video Card(s) Colorful iGame Radeon HD 4890 1 GB GDDR5
Storage 2x 500 GB Seagate Barracuda 7200.11 32 MB RAID0
Display(s) BenQ G2400W 24-inch WideScreen LCD
Case Cooler Master COSMOS RC-1000 (sold), Cooler Master HAF-932 (delivered)
Audio Device(s) Creative X-Fi XtremeMusic + Logitech Z-5500 Digital THX
Power Supply Chieftec CFT-1000G-DF 1kW
Software Laptop: Lenovo 3000 N200 C2DT2310/3GB/120GB/GF7300/15.4"/Razer
#1
Nokia and Siemens today announced that they intend to merge the Networks Business Group of Nokia and the carrier-related operations of Siemens into a new company, to be called Nokia Siemens Networks. The 50-50 joint venture consist of Nokia's Networks Business Group and Siemens' carrier-related operations for fixed and mobile networks.

The combined company is positioned to lead the development and implementation of revenue-generating and cost-saving products and services via its scale and global reach. Nokia Siemens Networks will have one of the world's best research and development teams with the ability to invest in next generation fixed and mobile product platforms and services. The new company will have a world-class fixed-mobile convergence capability, a complementary global base of customers, a deep presence in both developed and emerging markets, and one of the industry's largest and most experienced service organizations.

"We believe the partnership with Siemens is the most effective way to build the scale and broad product portfolio necessary to compete globally and create value for shareholders," said Olli-Pekka Kallasvuo, CEO of Nokia. "The communications industry is converging, and a strong and independent Nokia Siemens Networks will be ideally positioned to help customers lower costs and grow revenue while managing the challenges of converging technology." Olli-Pekka Kallasvuo will serve as chairman of Nokia Siemens Networks.

"This joint venture is an important step to strengthen our position in the market sustainably and to enable us to offer the best state of the art converged technologies and services to our customers," said Klaus Kleinfeld, CEO of Siemens. "This combination creates a leading industry player with immediate strength, excellent potential for growth and well-positioned to improve future profitability."

Nokia Siemens Networks will be able to offer its operator customers a comprehensive portfolio of fixed and mobile network products supported by a full range of professional services. The company's portfolio will include Next Generation Network convergence products like IMS, 2G GSM/EDGE access, 3G WCDMA/HSDPA access, extensive mobile core, fixed broadband, transport, IPTV, LTE, WiMAX and low-cost mobile voice products tailored for emerging market operators.

Nokia Siemens Networks will have its operational headquarters in the Helsinki, Finland metropolitan area, and have strong regional headquarters in Munich, Germany, where three of the future five divisions of the new company will be based.

The transaction closing is expected to take place before January 1, 2007 and is subject to customary regulatory approvals, the completion of standard closing conditions, and the agreement of a number of detailed implementation steps. After closing, the financial results of Nokia Siemens Networks will be consolidated by Nokia and accounted for at equity by Siemens.

Source: CDRInfo
 
Joined
Jan 15, 2005
Messages
5,458 (1.15/day)
Likes
242
Location
England
System Name Jimmy 2004's PC
Processor S754 AMD Athlon64 3200+ @ 2640MHz
Motherboard ASUS K8N
Cooling AC Freezer 64 Pro + Zalman VF1000 + 5x120mm Antec TriCool Case Fans
Memory 1GB Kingston PC3200 (2x512MB)
Video Card(s) Saphire 256MB X800 GTO @ 450MHz/560MHz (Core/Memory)
Storage 500GB Western Digital SATA II + 80GB Maxtor DiamondMax SATA
Display(s) Digimate 17" TFT (1280x1024)
Case Antec P182
Audio Device(s) Audigy 4 + Creative Inspire T7900 7.1 Speakers
Power Supply Corsair HX520W
Software Windows XP Home
#2
What a creative name.
 
Joined
Oct 1, 2005
Messages
796 (0.18/day)
Likes
37
System Name Current
Processor Core i5 2500k
Motherboard Z77MA-G45
Cooling Cooler Master Tx3
Memory 8gb DDR3 1600Mhz
Video Card(s) Evga GTX 960 4GB GDDR5
Storage (1) SAMSUNG 850 EVO 500GB
Display(s) ASUS PB278Q 27" WQHD 2560x1440 IPS
Case Fractal Core 1000
Audio Device(s) Onboard
Power Supply 430 Watt Corsair
Mouse Logitech g602
Keyboard K70 LUX Mech LB, Red LED, Cherry MX Brown
Software Windows 10 + Hackintosh
#3
is it just me or has the news been kind of dry lately?
 
Joined
Mar 2, 2006
Messages
5,289 (1.22/day)
Likes
19
Processor AMD Athlon 64 3200+
Motherboard DFI LanParty nf4 Ultra-D
Cooling Thermaltake Big Typhoon
Memory 2x512MB GeIL
Video Card(s) ATI Radeon X800XL
Storage 2x80GB Western Digital
Display(s) HP vs17
Case SuperTalent
Audio Device(s) Soundblaster
Power Supply Ultra X-Finity 500 Watt
#4
Jimmy 2004 said:
What a creative name.
Lol, I wonder who thought of that name, they should be fired, and also the people who supported that name.
 
Joined
Aug 30, 2004
Messages
5,358 (1.10/day)
Likes
106
Location
Seattle
Processor X2 3800+ @ 2.3 GHz
Motherboard DFI Lanparty SLI-DR
Cooling Zalman CNPS 9500 LED
Memory 2x1 Gb OCZ Plat. @ 3-3-2-8-1t 460 MHz
Video Card(s) HIS IceQ 4670 512Mb
Storage 640Gb & 160Gb western digital sata drives
Display(s) Hanns G 19" widescreen LCD w/ DVI 5ms
Case Thermaltake Soprano
Audio Device(s) Audigy 2 softmod@Audigy 4, Logitech X-530 5:1
Power Supply Coolermaster eXtreme Power Plus 500w
Software XP Pro
#5

DBH

New Member
Joined
Aug 18, 2004
Messages
97 (0.02/day)
Likes
1
#6
I thought Siemens already do a merged thing with BenQ. How will that affect that relationship?