Motorola to sell to Nokia Siemens Networks?

Rumoured talks between the two companies could lead to Nokia Siemens Networks owning Motorola’s telecoms equipment sector.

Acquisition?

Motorola is believed to be in talks with Nokia Siemens Networks in an attempt to sell off its telecoms manufacturing branch of the business.

The Wall Street Journal has reported the talks, citing "people familiar with the matter" as its source.

It claimed the deal is set to be worth between $1.1 billion (717 million) and $1.3 billion and could be completed in just a few weeks.

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A spokesperson from Nokia Siemens Networks told IT PRO: "We will not comment on rumor and speculation about our involvement in this sort of activity."

Motorola has been gaining momentum over the past 18 months thanks to the release of the Milestone handset known as Droid in the US and its other forays into the Google Android market.

However, two weeks ago it submitted a court filing, requesting the company to be split into Motorola Mobility and Motorola Solutions, fuelling rumours around how well the company was performing.

IT PRO contacted Motorola for comment but it had not responded to our request at the time of publication.

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