Nokia Siemens Networks to Acquire Certain Wireless Assets of Motorola

Nokia Siemens Networks today announced a $1.2B deal in which they will acquire “the majority of Motorola’s wireless network infrastructure assets.”  As with acquisitions of this size, it is subject to closing conditions and regulatory approval, but they expect the deal to be done by the end of 2010.

So what does a majority of assets mean?  According to the press release:

Motorola’s networks infrastructure business provides products and services for wireless networks, including GSM, CDMA, WCDMA, WiMAX and LTE. This business is a market leader in WiMAX, with 41 contracts in 21 countries; has a strong global footprint in CDMA with 30 active networks in 22 countries; and a robust GSM installed base, with more than 80 active networks in 66 countries; and excellent traction with LTE early adopters.

So I still am not clear, but I would say it is safe to assume a “majority” means exactly that.  The release does mention that MOT will keep it’s iDEN (push-to-talk) technology, so I would guess that products like Canopy, WiMax and other carrier grade equipment would be included in the transaction.

If anyone gets information from their sales rep and can share in the comments section, please comment away!

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