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Siemens and Nokia merge their communications service provider businesses

Date Closed

April 1, 2007

Lead Office

Toronto

Value

6.10 Billion USD

On April 1, 2007, Siemens and Nokia merged the Networks Business Group of Nokia and the carrier-related operations of Siemens into a new company, called Nokia Siemens Networks. The 50-50 joint venture is a global leader with strong positions in important growth segments of fixed and mobile network infrastructure and services.

McCarthy Tétrault advised with a team led by Robert Hansen.

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