Nokia Siemens to buy Motorola wireless gear unit.
The deal to sell the division for $1.2 billion to Nokia Siemens Networks, a Finnish-German joint venture, sets Motorola up to separate its cell phone manufacturing operations from the police radio business early next year, essentially dividing the 82-year-old company into three parts.
The parts are aimed at different types of customers. The division that is being sold supplies wireless carriers such as Verizon Wireless and Sprint Nextel Corp. with the equipment they need to connect to cell phones. It's not a big player in an industry dominated by LM Ericsson AB and Alcatel-Lucent SA, but it does have valuable relationships with U.S. and Japanese carriers that Nokia Siemens hopes to exploit.
i personal always had good luck with Motorola cell phones in the past. Nokia cell phones have always been cheap free phones that cell companys used as a door opener. they use them to get you to join there company . or if your plan was not quite up and to retain you as a client for a dirt cheap price. also used as a sales leader for prepay phone companys.
also sucks another good american name just got turned to trashed