Cisco to consume Nokia?

Cisco to consume Nokia?

Summary: Reuters reports (from a story in the "Business" newspaper in London) that Cisco might add to its massive networking equipment footprint with Nokia's handsets and wireless infrastructure.  Nokia is valued at around $71 billion.

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TOPICS: Cisco
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Reuters reports (from a story in the "Business" newspaper in London) that Cisco might add to its massive networking equipment footprint with Nokia's handsets and wireless infrastructure.  Nokia is valued at around $71 billion. Another megamerger, even a crossover scenario like Cisco and Nokia, makes some sense in the consolidating tech and telecom world. Lately Cisco has been moving out of the back office and telecom closets with its VoIP systems. At least, it will give us something to speculate about for the next few weeks...

Topic: Cisco

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5 comments
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  • There's a saying down here in Mexico

    "When the river sounds, is because there's water". This usually means that there may be something heading towards that direction. The same as with Apple and Intel, where both companies would not comment on the fact that both their executives had approached in private talks, which ended up being Apple is moving to an Intel base (x86 to be more precise). Many disregarded the reported news and rumors claiming that Apple would never do that, and in the end it did...

    It will certainly be interesting to see how does this develops in the coming weeks as I'm pretty sure, if not a megamerger is underway, this could be the head start of a key alliance between Cisco and Nokia (to the very least). Only time will tell, but I'm pretty sure the cards are already on the table of each boards.
    gmureddu@...
    • What happens to Nokia Checkpoint appliances?

      Nokia is the #1 appliance maker for Checkpoint firewall software. Checkpoint is a competitor with Cisco PIX and ASA.
      george_ou
  • To the future

    Cisco is one of the biggest backers of WiMAX. Could this acquisition be in anticipation of WiMAX handhelds taking over? Lets see now, all future voice communications will be VoIP. Cisco is in big with WiMAX and land-line. SO in the future, ALL TELEPHONE CONVERSATIONS will be going through Cisco equipment! Pretty ambitious.
    Roger Ramjet
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