|
North American Network Operators Group Date Prev | Date Next | Date Index | Thread Index | Author Index | Historical Re: Cisco mulls buying Nokia?
Strange... Explicit reference to how this would enable Cisco to gain purchase into the wireless space, but no mention of the impact on the popularity of Nokia platforms with a competing firewall vendor, Check Point. Any thoughts on VoIP? ymmv, --ra On Sun, Aug 07, 2005 at 08:11:13PM +0000, Fergie (Paul Ferguson) said something to the effect of: > > I had to check the date to make sure it wasn't really > April 1st.... > > A Reuters newswire article, via Yahoo! News, reports that: > > [snip] > > Cisco Systems Inc. is considering buying the world's top mobile handset maker Nokia in a bid to gain its wireless infrastructure technology, the Business newspaper reported on Sunday. > > The paper, which did not reveal the source of its information, said U.S.-based Cisco had traditionally concentrated on acquisitions of niche technology players, but its Chief Executive John Chambers is believed to be interested in merging with a wireless infrastructure company. > > "Nokia has been identified as the most likely target," the paper said. > > Cisco, the largest maker of Internet equipment, is worth around $123 billion, while Nokia's market value is around $71 billion. > > The paper said Cisco's mainstay networking market was fast changing with the convergence of fixed-line and wireless networks, and Cisco needed a merger to acquire the technology to create intelligent wireless applications, which Finnish-based Nokia could provide. > > Cisco was not immediately available for comment. A Nokia spokeswoman in Helsinki declined to comment. > > [snip] > > http://news.yahoo.com/s/nm/20050807/bs_nm/telecoms_cisco_nokia_dc > > - ferg > > > -- > "Fergie", a.k.a. Paul Ferguson > Engineering Architecture for the Internet > [email protected] or [email protected] > ferg's tech blog: http://fergdawg.blogspot.com/ -- rachael treu gomes [email protected] ..quis custodiet ipsos custodes?.. (this email has been brought to you by the letters 'v' and 'i'.)
|