Nokia Solutions and Networks
Logo since 2014 (uses Nokia Pure typeface)
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| Subsidiary of Nokia | |
| Industry | Telecommunications equipment |
| Founded | 2007 |
| Headquarters | Espoo, Finland |
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Area served
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Worldwide |
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Key people
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Rajeev Suri (CEO) Samih Elhage(CFO) |
| Products | Mobile Broadband, consultancy and managed services, multimedia technology |
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Number of employees
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150,000 (after ALU merger) |
| Parent | Nokia |
| Website | Nokia Networks |
Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Corporation. It started as a joint venture between Nokia of Finland and Siemens of Germany known as Nokia Siemens Networks. Nokia Networks has operations in around 120 countries. In 2013, Nokia acquired 100% of Nokia Networks, buying all of Siemens' shares. In April 2014, NSN name was phased out as part of rebranding process.
The company was created as the result of a joint venture between Siemens Communications (minus its Enterprise business unit) and Nokia's Network Business . The formation of the company was publicly announced on 19 June 2006. Nokia Siemens Networks was officially launched at the 3GSM World Congress in Barcelona in February 2007. Nokia Siemens Networks then began full operations on 1 April 2007 and has its headquarters in Espoo, Greater Helsinki, Finland.
In January 2008 Nokia Siemens Networks acquired Israeli company Atrica, a company that builds carrier-class Ethernet transport systems for metro networks. The official release did not disclose terms, however they are thought to be in the region of $100 million. In February 2008 Nokia Siemens Networks acquired Apertio, a Bristol, UK-based mobile network customer management tools provider, for €140 million. With this acquisition Nokia Siemens Networks gained customers in the subscriber management area including Orange, T-Mobile, O2, Vodafone, and Hutchison 3G.
In 2009, according to Siemens, Siemens only retained a non-controlling financial interest in NSN, with the day-to-day operations residing with Nokia.
On 19 July 2010, Nokia Siemens Networks announced it would acquire the wireless-network equipment of Motorola. The acquisition was completed on 29 April 2011 for $975 million in cash. As of the transaction approximately 6,900 employees transferred to Nokia Siemens Networks.
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