Nokia may merge with Alcatel-Lucent
A decade ago the brand name Nokia was what Samsung or Apple is today – the company owned and commanded most of the world market of mobile feature phones and was releasing numerous models per year. Unfortunately for Nokia and its fans, the Finnish company did not see the rise of smartphones and once these processor-powered handsets became popular, it was too late for Nokia to jump on this train and the company lost its dominance before finally being purchased by Microsoft a few years ago.
Nokia is still alive, though – Microsoft purchased just the mobile business of the Finnish company and left the rest of it to deal with telecommunications equipment. We do not know what Nokia has been doing after the sale of its mobile business but it appears that the actions taken have been beneficial since Nokia has new aspirations towards mobile devices and wants to merge with the French telecommunications giant Alcatel-Lucent. In fact Nokia is initiating the merger and wants to pay 15.6 billion euro to obtain the French company. If the merger goes through this means that we might get new Nokia mobile devices on the market soon but from the information provided Alcatel will keep on releasing smartphones with its brand name on it. This means there might be some internal competition but time will tell what we will get in the end.
Apart from this Nokia has been focusing on developing telecommunications equipment and cloud solutions so if you see “Nokia” on some cloud hardware you want to purchase, then do not be surprised.