It's Announced

... finally, after few months of rumours and gossips, it is announced.

Nokia and Siemens are merging their communications business unit into a new joint-venture entity called Nokia Siemens Networks. It is a 50-50 JV, with the new company HQ-ed in Helsinski, Finland.

The top exec is staffed by 2 Siemens-er & 2 Nokia-ns.

Exciting?!