Netherlands: Nokia Acquires Siemens 50% Stake In Joint Venture Nokia Siemens Networks
Last Updated: 29 July 2013

De Brauw Blackstone Westbroek has advised Nokia Corporation on acquiring Siemens AG's' entire 50% stake in their joint venture, Nokia Siemens Networks (NSN). NSN is a leading global provider of telecommunications infrastructure. The purchase price for Siemens' stake is EUR 1.7 billion and closing is expected in Q3 2013.  

NSN was established as a joint venture combining Nokia's Networks Business Group and Siemens' carrier-related operations for fixed and mobile networks. NSN has since become a leading global provider of telecommunications infrastructure, deploying networks in more than 150 countries around the world.   

Upon closing, NSN will become a wholly owned subsidiary of Nokia. NSN's operational headquarters will remain in Espoo, Finland, and the company will continue to have a strong regional presence in Germany, including its major hub in Munich.

De Brauw partner Martin van Olffen: "After the creation of Nokia Siemens Networks in 2007, Siemens' focus on the telecom industry changed, whereas Nokia's focus continues unabated. The transaction fits this strategy seamlessly." 

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

Some comments from our readers…
“The articles are extremely timely and highly applicable”
“I often find critical information not available elsewhere”
“As in-house counsel, Mondaq’s service is of great value”

Press Releases from this Firm
Recent Content from this Firm
By Gertjan Kuipers, Tobias Cohen Jehoram
By Jan De Bie Leuveling Tjeenk, Harm-Jan De Kluiver, Arne Grimme, Lodewijk Van Den Bergh, Reinier Kleipool, Bernard Roelvink, Martin van Olffen
By Rick van ’t Hullenaar, Marnix Somsen, Marlies de Waard
By Ferdinand Hengst, Reinout Vriesendorp
By Tobias Cohen Jehoram, Jan-Jaap Kuipers, Roos Van Der Poel, Tjibbe Douma, Oscar Lamme
By Rick van ’t Hullenaar, Marnix Somsen, Marlies de Waard
By Willem Röell, Christian Godlieb
By Nicolien Van Den Biggelaar, Martijn Snoep, Jolling de Pree, Roan Lamp, Patrick Ploeger, Arjan Kleinhout
By Stefan Sagel
By Gaby Smeenk, Yi Duan, Dulijon Veldhoen
Font Size: