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Nokia - News, Features, and Slideshows
Microsoft could announce a write-off of a big part of its 2013 Nokia acquisition as early as Wednesday.
Microsoft's 14-month rent of former Nokia CEO Stephen Elop cost the firm at least $18 million, or about $1.3 million each month.
Microsoft today shuffled its executive ranks, giving Windows chief Terry Myerson more responsibilities and casting out former Nokia CEO Stephen Elop.
Nokia wants to help mobile network operators launch new services and cut their costs with a new range of servers, switches and storage they can use to virtualize their networks.
Uber Technologies has bid for Nokia's Here mapping business, in a bid to reduce its dependence on Google, according to a newspaper report.
Microsoft has signaled that it may take a massive write-off of its Nokia acquisition, perhaps as early as July.
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It was a marriage of convenience for two industry giants whose past successes weren't helping them win in the red-hot smartphone market. One year later, it's hard to say that Microsoft's acquisition of Nokia's device business has produced the results its backers envisioned.
As it awaits to be swallowed up by Nokia, Alcatel-Lucent continues to expand its switching and virtual networking portfolio.
Nokia sold off its mobile phone business to Microsoft last fall, but now one of Nokia's remaining business units is eyeing a return to the consumer mobile phone market next year.
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Size is power in the mobile networks business, but it's only one of the reasons Nokia is acquiring Alcatel-Lucent.
ALLEN, TX -- Nokia's $16.6 billion acquisition of Alcatel-Lucent is an example of the industry shifting just as Cisco predicted, its CEO said this week.
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Nokia has said it has entered into a memorandum of understanding to acquire Alcatel-Lucent in a deal that would value the French telecommunications equipment maker at €15.6 billion (US$16.5 billion).
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