Nokia completes the acquisition of Siemens’ stake in Nokia Siemens Networks
Nokia have made a press release announcing that they have completed the acquisition of Siemens share of the Nokia Siemens Network, presumably set for a change of name.
Update: New name is Nokia Solutions and Networks, retaining the monogram NSN.
The deal is believed to have cost $2.2 Billion.
Nokia describe NSN in the following way:
NSN is the world’s specialist in mobile broadband. From the first ever call on GSM, to the first call on LTE, we operate at the forefront of each generation of mobile technology. Our global experts invent the new capabilities our customers need in their networks. We provide the world’s most efficient mobile networks, the intelligence to maximize the value of those networks, and the services to make it all work seamlessly.