It started as a joint venture between Nokia of Finland and Siemens of Germany known as Nokia Siemens Networks. The formation of NSN was announced in June 2006, and launched in April 2007.

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Nokia Corporation and Siemens AG today announced that they have entered into a definitive agreement pursuant to which Nokia acquires Siemens' entire 50% stake in their joint.

Understanding the Context

We create technology that helps the world act together | (defunct company) merger of Nokia and Siemens Telecommunications entities now under Nokia.

Nokia has agreed to purchase Siemens' 50 percent stake in Nokia Siemens Networks, the struggling joint venture between the two companies, for 1.7 billion euros ($2.2 billion).

, Nokia completed the acquisition of Siemens' stake in the company and rebranded as Nokia Solutions and Networks. After this acquisition NSN became a fully owned subsidiary of Nokia.

Finnish mobile phone maker Nokia says it's finalised the purchase of German engineering giant Siemens' 50 per cent stake in Nokia Siemens Networks, and has changed the company's.

Key Insights

Nokia wanted to make its design flow faster and physical design reuse more efficient, so it turned to Siemens EDA, with whom it was already a customer. Based on identified requirements, Siemens.

NSN, which stands for Nokia Solutions and Networks, is a global telecommunications equipment and services company. It was formerly known as Nokia Siemens Networks before Nokia.

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