Nokia has confirmed a $ 16.6 Billion acquisition of Alcatel-Lucent. While the Nokia name will be familiar to most, the Alcatel name may not, Alcatel-Lucent works on networking, broadband, and connectivity. No one knows if this big merge was because Nokia wants to boost its network division after buying out Siemens on Nokia Siemens Networks, which is now Nokia Network Services. It is also reported that Nokia is planning on selling its map division, HERE MAPS.
Connecting you to the world
This move could also boost Nokia’s plans to expand and create an innovation leader in next generation technologies and services for the IP connected world against giants like Ericsson and Huawei Technologies. The merger will have unparalleled innovation capabilities, with Alcatel-Lucent’s Bell Labs and Nokia’s FutureWorks, as well as Nokia Technologies, which will stay as a separate entity with a clear focus on licensing and the incubation of new technologies.
This doesn’t mean Nokia has found itself a backdoor to quickly return to the smartphone game. However, the acquisition is still of importance to mobile users. Alcatel-Lucent and Nokia have highly complementary portfolios and geographies, with particular strength in the United States, China, Europe, Asia-Pacific and Africa.
More rumours about Nokia coming back to a smartphone business after its deal with Microsoft ended. We’ve so far seen the Nokia branded product on N1 tablet that was unveiled on 17 November 2014 by Nokia Technologies Head, Ramzi Haidamus. ‘’ the company Nokia will begin to contract the manufacturing of future Nokia products to third-party companies, to ensure a continued consumer presence for the “valuable” Nokia brand. As part of the sale, Nokia is subject to non-compete clauses forbidding it from producing Nokia-branded smartphones until the end of 2015”, says Ramzi Haidamus head of technology.
Foxconn will be responsible for manufacturing, marketing, distribution, and technical support for the N1, and not Nokia, while using Nokia’s design. Could this be the Nokia return plan to the smartphones game?
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SOURCE / COURTESY: Forbes, digitaltrends.com, nokia.com