A journal for networking and telecoms
Nokia’s Multimedia Business Group will streamline its global research and development activities. The downsizing is mainly expected to effect employees in Germany and Finland. The number of personnel reductions will be decided after negotiations with employee representatives are finalized.
Nokia has previously announced its intention to bring overall R&D expenditures down to 9% – 10% of net sales by the end of 2006.
http://www.nokia.com
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From the Graveyard
You just read about Nokia. One of the companies whose work it now carries:
Infinera built Coherent optical transport, photonic integration and DCI. What became of it?
Infinera brought Coherent optical transport, photonic integration and DCI to Optical. That work was distinctive enough to lead to its acquisition by Nokia for US$2.3B. The standalone name now passes into the archive — but the team and technology continue inside Nokia today. One of 430 names here whose work outlived the company.
From 25 years of the Converge Digest archive.
