Archive for the 'Rumor' Category



Monday, August 8th, 2005

Cisco buying Nokia

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.

 
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