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Nokia, Alcatel-Lucent takes about 15.6 billion
The Finnish group Nokia acquires French telecommunications company Alcatel-Lucent for an amount of 15.6 billion euros. Nokia still investigating what to do with his Lord branch for location services, making a sale is possible.
The acquisition creates a large European telecommunications company with 40,000 employees and a research R & D budget of EUR 4.7 billion, claims Nokia. The companies will jointly on the development of technology for growth markets such as those for 5g, cloud networks, sensors and target imaging.
To emphasize Nokia aims will support a fund with a budget of EUR 100 million that start-ups in France in the field of internet-of-things the French contribution. In addition, a research facility on digital security in France.
However, the headquarters of Nokia continues in Finland and the company will bear the name of Nokia Corporation. Nokia expects the acquisition to be completed in the first half of 2016. Already in 2013 published reports that Nokia was interested in Alcatel-Lucent. It is still unclear what will happen with the Lord arm of Nokia. That branch, responsible for the map service would come in the window, according to previous rumors. Nokia itself says all strategic options to view and that a sale is possible, but not certain.Viewing:-163
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