nokia

Nokia to Acquire Siemen's 50% Stake in JV for $2.2 Billion

Finnish mobile company Nokia Corp acquired Siemens' entire 50 percent stake in the two companies' joint venture Nokia Seimens Network (NSN). Nokia will pay 1.7 billion euros (approximately $2.2 billion) at the end of the transaction which is likely to close in the third quarter of the year. Jul 1, 2013