Nokia Siemens Networks completed its previously-announced acquisition of Motorola Solutions’ Networks assets for US$975 million in cash. 
As of April 30 2011, Nokia Siemens Networks has assumed responsibility for supporting customers of Motorola Solutions’ GSM, CDMA, WCDMA, WiMAX and LTE products and services. As part of the deal, responsibility for supporting 50 operators across 52 countries, as well as approximately 6900 employees, will transfer to Nokia Siemens Networks. In addition, Nokia Siemens Networks is acquiring a number of research and development facilities including sites in the United States, China, Russia, India and the UK.
NSN said the deal strengthens its position in key regions, particularly North America and Japan, as well as with some of the world’s major service providers. Based on revenue, the addition of Motorola Solutions’ Networks assets makes Nokia Siemens Networks the third largest wireless infrastructure vendor in the United States and the leading non-Japanese wireless vendor in Japan. In addition, the acquisition reinforces Nokia Siemens Networks’ position as the world’s second largest wireless infrastructure and services provider.
“The people, customers and technology we’ve acquired greatly complement our existing business by taking us into new markets and broadening our market share,” said Rajeev Suri, chief executive officer, Nokia Siemens Networks. “Our combined knowledge and experience will provide our newly expanded customer base with the means to grow by providing greater value to their subscribers.”http://www.nokiasiemensnetworks.com
- Nokia Siemens Networks originally announced plans to acquire Motorola Solutions’ Networks assets on July 19, 2010 for US$1.2 billion in cash. The deal was held up a lengthy regulatory approvals process, and a spat between Motorola and Huawei, which ended earlier this month with a settlement.
- 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 traction with LTE early adopters.
Motorola retains the iDEN business, substantially all the patents related to its wireless network infrastructure business and other selected assets. NSN gains cross-license to the IPR portfolio. Approximately 7,500 employees are expected to transfer to Nokia Siemens Networks from Motorola’s wireless network infrastructure business when the transaction closes, including large research and development sites in the United States, China and India.