Chinese regulators approve $975 million deal including Motorola by Nokia Siemens Networks – Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 22, 2011) Clearlease.com Reports today that Chinese regulators have approved the acquisition of Motorola Solutions Inc.’s network business by Nokia Siemens Networks and the $975 million deal should close next week, Nokia Corp. says.
The sale was part of Motorola’s restructuring but was delayed after Beijing launched an anti-monopoly investigation.
Chinese regulators gave “unconditional approval,” clearing the last regulatory obstacle, and the deal will close April 29, Nokia announced Thursday.
Nokia Siemens Networks is the network equipment-making joint venture of Nokia and Germany’s Siemens AG.
The Chinese approval also follows the settlement of a lawsuit in U.S. federal court against Motorola by a Chinese network equipment maker, Huawei Technologies. Huawei said the deal could mean that its business secrets would end up with Nokia Siemens, a competitor, because Motorola resold Huawei equipment starting in 2000.
In the April 13 settlement, Motorola Solutions agreed to pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service networks that Motorola deployed using Huawei’s technologies.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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VANCOUVER, BRITISH COLUMBIA – (April 22, 2011) Clearlease.com Reports today that Chinese regulators have approved the acquisition of Motorola Solutions Inc.’s network business by Nokia Siemens Networks and the $975 million deal should close next week, Nokia Corp. says.
The sale was part of Motorola’s restructuring but was delayed after Beijing launched an anti-monopoly investigation.
Chinese regulators gave “unconditional approval,” clearing the last regulatory obstacle, and the deal will close April 29, Nokia announced Thursday.
Nokia Siemens Networks is the network equipment-making joint venture of Nokia and Germany’s Siemens AG.
The Chinese approval also follows the settlement of a lawsuit in U.S. federal court against Motorola by a Chinese network equipment maker, Huawei Technologies. Huawei said the deal could mean that its business secrets would end up with Nokia Siemens, a competitor, because Motorola resold Huawei equipment starting in 2000.
In the April 13 settlement, Motorola Solutions agreed to pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service networks that Motorola deployed using Huawei’s technologies.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###Chinese regulators approve $975 million deal including Motorola by Nokia Siemens Networks – Dominion Lending Centres Clearlease
VANCOUVER, BRITISH COLUMBIA – (April 22, 2011) Clearlease.com Reports today that Chinese regulators have approved the acquisition of Motorola Solutions Inc.’s network business by Nokia Siemens Networks and the $975 million deal should close next week, Nokia Corp. says.
The sale was part of Motorola’s restructuring but was delayed after Beijing launched an anti-monopoly investigation.
Chinese regulators gave “unconditional approval,” clearing the last regulatory obstacle, and the deal will close April 29, Nokia announced Thursday.
Nokia Siemens Networks is the network equipment-making joint venture of Nokia and Germany’s Siemens AG.
The Chinese approval also follows the settlement of a lawsuit in U.S. federal court against Motorola by a Chinese network equipment maker, Huawei Technologies. Huawei said the deal could mean that its business secrets would end up with Nokia Siemens, a competitor, because Motorola resold Huawei equipment starting in 2000.
In the April 13 settlement, Motorola Solutions agreed to pay Huawei an undisclosed fee to transfer its contracts to Nokia Siemens. The deal allows Nokia Siemens to use confidential Huawei information to service networks that Motorola deployed using Huawei’s technologies.
For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html
About Dominion Lending Centres Clearlease
Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.
Headquartered in Downtown Vancouver, British Columbia. We’re expanding in Q2, 2011 to Calgary and Edmonton, Alberta! In Q3, 2011 we are expanding in Toronto, Ontario! Dominion Lending Centres Clearlease services clients from Coast to Coast. Our Residential Group has a team of Licensed Mortgage Brokers offering our clients the best terms and rates available in the current market. Our Commercial Funding/Mortgage Group is active across Canada Funding Mortgages in cities such as Toronto, Edmonton, Calgary, Vancouver and Victoria.
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
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