Nokia + Siemens = $30B
Posted by Sam Churchill on June 18th, 2006Siemens (of Germany) and Nokia (of Finland) jointly announced today that they will merge their telecommunication network equipment businesses, reports the New York Times. The deal is valued at more than $30 billion.
The units in the 50-50 venture, “Nokia Siemens Networks”, had sales of 15.8 billion euros last year, which would make it [...]

