Huawei, Marconi Talking Merger

from the sitting-in-a-tree dept

While some unnamed source has sent the financial and telecom markets into a tizzy with the rumor that Cisco is looking to buy Nokia, there's word of some much more reasonable merger talks that are actually happening, between Marconi and Huawei. This linkup is the polar opposite of the Cisco-Nokia rumors -- it's believeable and makes perfect sense. Huawei and Marconi are companies going in different direction: the Chinese upstart has been growing like mad, while the member of the European old guard has been struggling for several years as it's failed to deal with the aftermath of the telecom bubble bursting. While Huawei's been successful getting its low-cost equipment in networks in many parts of the world, it could use Marconi's experience and expertise (and perhaps even its brand name) to help crack markets where it's struggled to gain a foothold, particularly in the US.


Reader Comments (rss)

(Flattened / Threaded)

  1.  
    identicon
    Anonymous Ant, Aug 9th, 2005 @ 6:58am

    Why Huawei

    Why must we assume Marconi is in talks with Huawei?
    Surely lots of companies are at least talking to Marconi.

     

    reply to this | link to this | view in thread ]

  2.  
    identicon
    Carlo, Aug 19th, 2005 @ 2:11pm

    Re: Why Huawei

    Um, because Marconi said they were in talks with Huawei.

     

    reply to this | link to this | view in thread ]


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