Nokia Siemens To Buy Motorola Unit For $1.2B

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."

Damn, Apple should've nabbed them.

[Anonymous Coward]

It's too bad that Apple didn't snag them first. Maybe then iPhones would actually be able to make phone calls.

Apple confirms it

[Anonymous Coward]

Nokia is dying. Less space than a Nomad, no iPod interface, unable to end calls with a simple touch of one finger to one corner of the phone, lame.

Re:Engineola

[rubato]

> just a sore loser following in [insert successful handset mfg here]'s wake.

Now it's fixed.

that was FUNNY!

[Gary W. Longsine]

Mods, mods, mods. No sense of humor?

I think it is just one mod.

[Ecuador]

CmdrTaco doesn't think it's funny...