Nokia to sell off its security appliance business

October 1, 2008
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According to analyst house Forrester, as organizations look at reducing costs through mergers and acquisitions, skills around data, applications and process integration will be increasingly in demand…Marc Cecere, (said) ‘For the economic problems that we’re going through right now, there are probably some roles that tend to be helped by this – and those are going to be those around architecture because there’s going to be a lot of data integration, application integration, especially process integrations.’”

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Nokia to sell off security appliance business
Network World
Stiennon reveals that Nokia will be selling its security appliance business.

“In terms of revenue there was a time when this business was the number three firewall company in the world after Check Point and Cisco. In a press release Nokia said: As a further step towards ensuring a clear focus on its core mobility business, Nokia is also announcing that it is in the advanced stages of discussions for the potential sale of its security appliances business to a financial investor.”

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Maxine Cheung
Maxine Cheung
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