Nokia Siemens To Buy Motorola Unit For $1.2B

Posted by Soulskill on Monday July 19, 2010 @10:53AM from the chew-before-you-swallow dept.

sylverboss writes with news that Nokia Siemens is buying Motorola's wireless networks division for $1.2 billion. "The deal gives Nokia — the world's leading supplier of mobile handsets — an invigorated entrance to the US market where it has lagged far behind other handset suppliers." According to BusinessWeek, "Motorola’s sale of the wireless-network unit prepares it for a broader restructuring. The company is planning to spin off its mobile-phone and set-top box operations into a company that will be led by co-Chief Executive Officer Sanjay Jha. The spinoff is on schedule for the first quarter, Jha said last month."

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Re:Damn, Apple should've nabbed them. by bdenton42 · 2010-07-19 17:00 · Score: 3, Insightful

It's not like Motorola had a chance. Apple restricted them to storing only 100 songs (50 overseas) to prevent it from competing with iPods. It wouldn't surprise me if the whole purpose of ROKR from Apples point of view was simply to get access to telephony IP for eventual use in iPhone.