Nokia: If You Can’t beat ‘Em, Buy ‘Em

Picture 1227

Picture 1227Nokia, the tech world’s most successful failure, is buying its way out of the huge hole it’s in, purchasing Motorola’s wireless network unit for $1.2 billion.

Nokia dominated the mobile industry in Europe in the years of dumb phones, but has never been able to break into the smartphone market, particularly in North America, where Apple, RIM and HTC dominate.

Nokia hopes the move will give them greater access to the North American market, while Motorola regroups to focus more on handsets and hardware under the name Motorola Mobility.

The network will be purchased by Nokia Siemens, a joint venture between Nokia and Siemens.

While this deal is going through, Nokia is allegedly seeking to replace its current CEO, Olli-Pekka Kallasvuo who is being blamed for the company’s inability to break into the smartphone market.

What do you think?

Avatar of Toby Leftly

Written by Toby Leftly

Toby is a Mac nerd, a hardware nerd and a web nerd, rolled into one. You can find him at Twitter.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings


Filemaker Announces Filemaker Go For iPhone

antenn aid webpage

Antenn-Aid – Because Apple Made a Boo Boo