Rumor around Wall Street is that Cisco Systems Inc. is considering buying Nokia to get a hold of its wireless network technology. Cisco, the largest maker of Internet equipment, is worth about $123 billion, while Nokia’s market value is around $71 billion.

Cisco will be reporting its earnings after market close on Tuesday.

This entry was posted on Monday, August 8th, 2005 at 11:52 am and is filed under Rumor, Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.