Nokia Siemens looking to swallow up another company, Dasan Networks in Korea
By Stefan Constantinescu on Monday, November 20th, 2006 at 3:27 PM PST In Corporate News
Nokia (NYSE: NOK) Corp. and Siemens AG will set up a joint venture in South Korea
early next year to acquire a controlling stake in Siemens’ local tech
affiliate, market sources said Monday.The affiliate, Dasan
Networks Inc., is a network equipment maker, in which Siemens had a
52.4 percent interest as of June this year.Source: Yonhap news
Sadly I can’t gather any more information on this since you need to pay to read their articles. If anyone out there can link me up with some more information I’d be thankful.
