
Journal Journal: Nokia to sell Security Division
Niklas Savander, head of Nokia's services and software business, told Reuters the company expects to close the sale of the unit -- which offers products such as firewalls and virtual private networks (VPNs) -- within a few weeks. Nokia will focus on developing and selling corporate phones, while partnering with the likes of Microsoft , IBM and Cisco on a wider offering for companies.
"This is a significant revision of its business strategy that underlines the magnitude of the challenge facing Nokia in its push into consumer web services," said CCS Insight analyst Geoff Blaber.
http://www.reuters.com/article/rbssTechMediaTelecomNews/idUSLT54500020080929