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General

Nokia pledges continued investment in France

Wednesday 23 September 2015 | 09:25 CET | News
Nokia has agreed to maintain R&D activities in France and set up a local investment fund in order to secure the French government's blessing for its takeover of Alcatel-Lucent. CEO Rajeev Suri met with Emmanuel Macron, France's Minister of Economy, Industry and Digital Affairs, to seal the deal, following talks started in April when the takeover was first announced. Nokia said it confirmed that France will play a leading role in the combined entity's research and development operations. Nokia intends to leverage Alcatel-Lucent's existing capabilities in R&D and its strong talent base through

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Categories: General
Companies: Alcatel-Lucent USA/FR / Nokia
Countries: France
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