Feeds

Cisco 'eyes' Nokia network biz

Been here before

  • alert
  • submit to reddit

Next gen security for virtualised datacentres

Is Cisco pursuing a merger with Nokia? That's certainly what UK newspaper the Sunday Business claimed this weekend.

The paper said Cisco is looking to merge with a network infrastructure provider, and it believes Nokia is the firm CEO John Chambers has in mind.

For all Nokia's success in the mobile phone market, its market capitalisation is rather lower than Cisco's: $71bn to $123bn. Cisco has around $5bn in the bank, too, so a bid would not be out of the question.

The two companies have a long history of co-operation, particularly on VoIP projects.

They have also been rumoured to be looking at merging before. Most recently - February 2005 - Cisco was said to be interested in buying Nokia's infrastructure business, and this could be the source of the latest round of speculation. It makes more sense that Cisco would be interested in that side of Nokia's operation than the whole thing, consumer-oriented phones and all. Nokia's networks business generated sales of €6.5bn ($7.9bn) during 2004, and would provide Cisco with a way of expanding its own wireless networking business. Cisco has already acquired consumer and SME WLAN firm Linksys, and in January this year bought enterprise WLAN specialist Airespace.

Nokia and Cisco have yet to comment on the weekend's speculation, but Nokia's shares were up two per cent this morning, according to news agency Reuters.

The rumours may have been revived following Nokia's management reshuffle pre-announced last week. ®

Related stories

Nokia and Ollila's legacy
Nokia names Ollila's successor
Enterprise WLAN sales fell in Q1 - again
Strong Euro sales lift Cisco profits
Cisco tightens grip on WLAN standards
Enterprise WLAN firms update switch tech
Cisco to buy Airespace
Cisco sued in Wi-Fi patent clash

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.