[c-nsp] Cisco wants to Buy Nokia

[Ted Mittelstaedt]

>-----Original Message-----
>From: cisco-nsp-bounces at puck.nether.net
>[mailto:cisco-nsp-bounces at puck.nether.net]On Behalf Of lists at hojmark.org
>Sent: Monday, August 08, 2005 1:59 PM
>To: 'Kim Onnel'; cisco-nsp at puck.nether.net
>Subject: RE: [c-nsp] Cisco wants to Buy Nokia
>
>"Nokia spokeswoman Arja Suominen said the article seemed to be
>"pure fabrication based on rumors on the Internet.""
>

I have never once seen a major merger that is leaked in advance
where the leak isn't surrounded by official flappers of both parties
denying everything.

The fact that Nokia came out so strongly against it to me proves
that there has been some talk behind the scenes.  I won't go so
far as to say a merger is imminent - but clearly, they have talked
about it.

>
>"We view such a deal as inconsistent with Cisco's acquisition
>history and strategy going forward - preferring smaller, niche
>technology purchases with revenue growth rates above Cisco's
>current 10% to 15% level,"
>

Cisco's merger with Linksys didn't match this model.

Ted