Nokia Eyed Possible Takeover Bid for Alcatel-Lucent

 Nokia has ruled out an acquisition of Alcatel-Lucent, although it had considered the possibility once it completes the sale of its handset business to Microsoft.

Nokia looked at whether Alcatel’s IP-routing and wireless divisions would fit with its own infrastructure division, but ruled out making a formal approach.

The move would have been a slight reversal for NSN though, as Alcatel-Lucent operates in areas where NSN has been extracting itself from in recent years with disposals.

A deal could have been a partial acquisition of assets, or a full takeover, with likely disposals afterwards. 

Rumors of a possible Nokia bid for Alcatel-Lucent have been around for at least the past couple of years, with the most common being that NSN when it was still half-owned by Siemens would merge with Alcatel-Lucent to form a new much larger company.

Nokia’s decision to buy out Siemens effectively ended that option for the companies.

Newsletter sign up