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NSN

Nokia Siemens Networks to lay off more than 4,000 workers in Europe

February 1st, 2012

Nokia Siemens Networks recently announced that it will cut as many as 1,200 jobs in Finland and lay off another 2,900 workers in Germany as it begins to restructure the company. Both Nokia and Siemens originally tried to sell the joint venture, which has struggled to report a profit, but gave up those plans this …

Nokia Siemens Networks lays off 1,500 employees

August 5th, 2011

Nokia Siemens Networks announced on Friday that it will begin to layoff 1,500 of its employees. The affected staff are part of its WiMAX and GSM divisions, and a spokesperson told Reuters that many of the employees were originally brought on as part of NSN’s infrastructure purchase from Motorola. In March, Nokia Siemens Networks tried …

Nokia, Siemens bail on effort to sell Nokia Siemens Networks

July 13th, 2011

Nokia and Siemens have given up efforts to sell Nokia Siemens Networks, Reuters reported on Wednesday. The firms had been trying to sell the joint venture, which has had troubles reporting a profit, for the past year. “The timing for selling the unit could hardly have been worse; there are clear signs from companies like …

Nokia Siemens Networks looking to renegotiate $1.2B Motorola deal

March 16th, 2011

Nokia Siemens Networks is trying to renegotiate a $1.2 billion network infrastructure assets purchase from Motorola, according to sources speaking to Bloomberg. In an effort to please Chinese authorities, which have delayed the purchase due to antitrust concerns, Nokia Siemens Networks is seeking to leave Motorola Solutions’ GSM unit out of the purchase, and adjust …

Huawei files lawsuit against Motorola, alleges misappropriation of trade secrets

January 24th, 2011

If you thought the lawsuits between OEMs were over, you’d be mistaken. Huawei Technologoies has just filed a lawsuit against Motorola claiming that the company illegally transferred Huawei’s intellectual property to another company, Nokia Siemens Networks, in the acquisition of Motorola’s wireless network business. Huawei is claiming irreperable commercial damage as Motorola has not assured Huawei that proprietary confidential information won’t …