Nokia Siemens Networks (NSN) is issued the statement in which he is claimed to be in talks to buy Motorola’s network infrastructure arm in a deal that could be worth between US$1.1-$1.3 billion. Citing people familiar with the talks, the Wall Street Journal said that a deal could be reached within the next few weeks.
Motorola is currently moving towards splitting into two separate companies with network equipment and communications in one company and the handsets and set-top boxes in a new company.
Huawei has also been reported to be interested in the Motorola unit, but negotiations with the company have cooled, perhaps due concerns about clearing security hurdles, people familiar with the matter told the newspaper.
A Motorola spokeswoman declined to comment on the report.
NSN has previously attempted to buy a network infrastructure supplier with strong US roots, when it offered US$650 million to buy parts of Nortel’s Carrier Networks division relating to CDMA and LTE technology in North America. However, Ericsson came in later with a higher bid of US$1.13 billion. NSN walked away saying that it wasn’t willing to enter into a price war over the assets.