NSN Motorola to restart takeover talks

Source: Internet
Author: User
Keywords Motorola reboot preach NSN
Beijing time March 15 Evening news, two people familiar with the matter, Nokia Siemens Communications Company (hereinafter referred to as "NSN") will be with Motorola Solutions for the 1.2 billion dollar acquisition of the latter's wireless network assets of the transaction to renegotiate.  One person familiar with the matter said NSN is currently looking to exclude Motorola's GSM solution from the acquisition and renegotiate the price of the purchase in exchange for approval by Chinese regulators for the deal. NSN said March 9 that the deal will not be completed in the first quarter of this year. The Motorola solution says the Chinese government has extended the approval period for the deal for another 60 days. NSN and Motorola announced the deal last July and are expected to complete the deal by the end of 2010.  The deal was previously approved by U.S. and EU regulators. A spokeswoman for NSN declined to respond to the news, and Motorola Solutions spokesmen have not commented. NSN hopes to strengthen its position in the global wireless network equipment market through the deal, with NSN rivals including Ericsson, Huawei and Alcatel-Lucent.  NSN previously said that by acquiring Motorola-related assets, NSN would receive more than 50 contracts, significantly increasing its share in the US and Japan markets. Huawei filed a lawsuit against Motorola and NSN this January 24, saying Motorola had failed to guarantee that Huawei's technology and products would not be leaked to NSN. Since 2000, Motorola has sold Huawei's wireless network products on its own brand. Last month, Huawei abandoned its acquisition of a patent for the US 3Leaf BAE company. (Nan)
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