NSN acquires Motorola network biz

NSN has struggled to make a profit in the $82 billion market, which was hit hard by the recession.

Under chief executive Rajeev Suri, the venture has started to seek growth more aggressively and fight back against market leader Ericsson and China’s Huawei. The Motorola deal will help the venture overtake Huawei.

Nokia Siemens tried to build a position in North America through an acquisition last year, but lost out on two major auctions of assets from bankrupt Canadian rival Nortel: first to Ericsson and then to Ciena Corporation.

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