Is NSN seeking backers after its Motorola unit buy?

08/1/2010 | Wall Street Journal, The

Days after agreeing to buy Motorola's telecom-equipment unit, Nokia Siemens Networks is reportedly talking to several venture capital firms about investing up to $1 billion in the vendor in return for up to a one-third stake in the company, according to The Wall Street Journal, which also notes that NSN has not received any formal offers. NSN's decision to pay $1.2 billion for the Motorola unit was supposedly aimed at attracting backers.

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