standard Nokia Purchases Alcatel-Lucent for $16.6 billion

Alcatel-LucentIn the past there have been plenty of rumors regarding talks, and possible acquisitions between Nokia and French telecoms company Alcatel-Lucent, now the deal is finally made as Nokia have announced their acquisition of Alcatel-Lucent for $16.6 billion (twice what Microsoft bought their D&S divisions for). The acquisition of Alcatel-Lucent is more likely related to networking infrastructure, as Nokia are currently working on 5G support, however the possibility of hardware mobile devices is on everybody’s mind, given that Alcatel-Lucent are Android OEMs.

One thing is clear however, that Nokia are reinventing themselves, focusing on their strong points, such as the networking; given how they already purchased their previous networking partner “Siemens”, and now Alcatel-Lucent; they’re obviously working on being the greatest network provider out there.

Via: Engdaget

About the Author

Ali is a dental school graduate currently living in Amman, Jordan; born and raised in the US, a tech lover with a serious addiction to all things sweet. He is the co-founder of GeekOnGadgets, and a senior editor at our Sister site

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  • Dennis

    Interesting move from Nokia all fans awaiting their return which seems to be closer

  • MatzeDonien

    Yeah, but what is with HERE? Rumors said they need so sale HERE to pay that deal. And this might be some bad news