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Re: Cisco mulls buying Nokia?
- From: Rachael Treu Gomes
- Date: Sun Aug 07 18:35:44 2005
Explicit reference to how this would enable Cisco to gain
purchase into the wireless space, but no mention of the
impact on the popularity of Nokia platforms with a competing
firewall vendor, Check Point.
Any thoughts on VoIP?
On Sun, Aug 07, 2005 at 08:11:13PM +0000, Fergie (Paul Ferguson) said something to the effect of:
> I had to check the date to make sure it wasn't really
> April 1st....
> A Reuters newswire article, via Yahoo! News, reports that:
> Cisco Systems Inc. is considering buying the world's top mobile handset maker Nokia in a bid to gain its wireless infrastructure technology, the Business newspaper reported on Sunday.
> The paper, which did not reveal the source of its information, said U.S.-based Cisco had traditionally concentrated on acquisitions of niche technology players, but its Chief Executive John Chambers is believed to be interested in merging with a wireless infrastructure company.
> "Nokia has been identified as the most likely target," the paper said.
> Cisco, the largest maker of Internet equipment, is worth around $123 billion, while Nokia's market value is around $71 billion.
> The paper said Cisco's mainstay networking market was fast changing with the convergence of fixed-line and wireless networks, and Cisco needed a merger to acquire the technology to create intelligent wireless applications, which Finnish-based Nokia could provide.
> Cisco was not immediately available for comment. A Nokia spokeswoman in Helsinki declined to comment.
> - ferg
> "Fergie", a.k.a. Paul Ferguson
> Engineering Architecture for the Internet
> email@example.com or firstname.lastname@example.org
> ferg's tech blog: http://fergdawg.blogspot.com/
rachael treu gomes email@example.com
..quis custodiet ipsos custodes?..
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