After the year 2015 ended, in which the biggest purchase to date was made in the world of Technology, Dell bought EMC for 67 Billions of Dollars. We started the year 2016 with Nokia to buy 79% of the French manufacturer of telephones and equipment for telephone networks, “Alcatel”.
Negotiations between Nokia and Alcatel have started to take place since 2015, but it was only concluded on Monday, January 04, 2016. The sale was agreed at an estimated value of 16 Billion Dollars. The deal is designed to allow Nokia to be a competitor to Ericsson, as well as Chinese rivals such as Huawei.
According to the Alcatel CEO, Michel Combes, this agreement was necessary to pay the necessary investment for the 5G in which the company in which it directs is already working that is the next generation of wireless technology. The standards for 5G are still being defined and commercial networks are not expected until 2020.
With this purchase from Nokia, it seeks to gain more space in the US and China in which it has a weak presence and Alcatel already dominates these markets.
