August 7th, 2005
Cisco to consume Nokia?
Reuters reports (from a story in the "Business" newspaper in London) that Cisco might add to its massive networking equipment footprint with Nokia’s handsets and wireless infrastructure. Nokia is valued at around $71 billion. Another megamerger, even a crossover scenario like Cisco and Nokia, makes some sense in the consolidating tech and telecom world. Lately Cisco has been moving out of the back office and telecom closets with its VoIP systems. At least, it will give us something to speculate about for the next few weeks…
Dan Farber, editor-in-chief of CNET News.com, has more than 20 years of experience as an editor and journalist covering technology. See his full profile and disclosure of his industry affiliations.
