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That "remnant" is much larger than the handset division they sold. 114k employees after acquiring Alcatel-Lucent. Seems to be doing well. (I just learned that B
by rhblake 10y ago
That "remnant" is much larger than the handset division they sold. 114k employees after acquiring Alcatel-Lucent. Seems to be doing well. (I just learned that Bell Labs is now "Nokia Bell Labs".)
- youdontknowtho 10y agoThanks for the update. That's interesting news.
- ptaipale 10y agoIn fact Nokia always was an infrastructure company. (Well, "always" as in "telecommunication infrastructure products since 1960's", i.e. it started in telecoms about 100 years after its founding in 1867). One can always say that there are other mistakes Nokia did. Like, why did it not acquire Cisco back around 1990 when it could have done it? But then again, many other Nokia acquisitions did not work so well so very likely Nokia Cisco wouldn't have been anything like Cisco is now. Nokia came to telecom infra because before that it was a cable manufacturer, and it came to cable manufacturing due to being a rubber product manufacturer, and before that it was also wood industry manufacturer. You can still by "Nokian" brand boots and shoes in Europe, although it's a separate company, and you can also buy "Nokian" brand car and bicycle tyres, though that is another separate company. (I worked in Nokia's infra side for 20 years and 1 day.)
- youdontknowtho 10y agoThat's true. They bought a company back in the 90s that had a technology that was a big influence on MPLS. Ipsilon? Something like that. It would assign tags to packets and then let you assign tags to specific paths.
- ptaipale 10y agoYes, Ipsilon Networks was one of several Nokia infra acquisitions, and not that successful. There was Vienna Systems, Diamond Lane, CopperCom, Rooftop, many others. That's quite normal in the business.
- youdontknowtho 10y agoyeah, they have a really good portfolio of products in that space these days. Cheers.