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Eurobites: Nokia Defends French Jobs Pledge

Also in today's EMEA regional roundup: ARM buys Bluetooth duo; French senate gets onto Google; O2 offers early-access TV.

  • Nokia Corp. (NYSE: NOK) boss Rajeev Suri has been defending his pledge not to cut jobs in France for two years should his company's takeover of Alcatel-Lucent (NYSE: ALU) go through as expected. As Reuters reports, Suri said that there is "nothing extraordinary in the commitment to France," adding that it "actually makes total business sense," though he did acknowledge that the takeover would eventually lead to job cuts. He also stressed that when doing deals that require the approval of the French government, it is imperative to get them on board. (See Eurobites: Nokia Promises R&D Jobs for France AlcaLu + Nokia: The New Uber-Vendor.)

  • UK chipmaker ARM Ltd. has bought a pair of Bluetooth specialists, namely Wicentric and Sunrise Micro Devices. The intellectual property of both companies will be integrated into ARM's Cordio processor portfolio, which is aimed at the burgeoning Internet of Things market. Financial details of the deal have not been disclosed.

  • Google (Nasdaq: GOOG) has already been under the cosh of the European Commission this week and the latest attack on the search giant comes from the French senate which, as Bloomberg reports, voted in favor of a measure that would compel search engines to show how they rank search results. Earlier in the week Brussels launched a two-pronged attack on Google, with one prong pointing at its search results policy and the other at actions relating to its Android mobile operating system.

  • TV catch-up services are nothing new in the world of mobile but now one UK operator is coming at TV content from the other direction. Telefónica UK Ltd. (O2) is launching O2 Priority, which will give subscribers a chance to see certain popular shows on Channel 4, such as Made in Chelsea and Peep Show, 48 hours before anyone else does, once they have keyed in a special code on their mobile device of choice.

  • Investment firm Cinven Ltd. has confirmed that it is has made the sole bid for the Slovenian state's controlling stake in Telekom Slovenije , reports Reuters. The value of the bid was not disclosed.

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • nasimson 5/26/2015 | 2:30:48 PM
    Two runner ups On the Alcatel Lucent takeover by Nokia... I still dont see how the bigger entity would be better equipped to address the upsetting competition by Huawei and ZTE. Two runnerups dont make a winner!
    kq4ym 4/21/2015 | 10:30:38 AM
    Re: Google could use a little scrutiny It's always interesting how government want assurance to not lose current jobs and hoepfully add new ones...and how creative companies are in giving the government numbers that may or may not bear any realtionship to reality or predictive abilities. And Google? Giving up those secrets to their search will not be at the top of their list to give the French for sure.
    EuroCableGuy 4/20/2015 | 6:17:42 AM
    Re: Google could use a little scrutiny "pledge not to cut jobs in France for two years should his company's takeover of Alcatel-Lucent go through as expected."

    Interestingly enough, French president Francois Hollande is up for re-election in two years; apres moi, le deluge...
    smkinoshita 4/18/2015 | 6:49:49 PM
    Google could use a little scrutiny With a company as big as Google, a little extra scrutiny won't hurt anyone.  I'd love to know what goes under that hood too.

    As far as Nokia is concerned though -- it's like an election.  Until it actually happens, people will promise anything.  It'd be nice if people could put such promises in writing so they have more teeth.
    Steve Bell 4/17/2015 | 12:18:18 PM
    Bluetooth 3 billion units per year attracts M&A activity According to the Bluetooth Special Interest Group, at the Bluetooth World conference taking place in Santa Clara, there will be 3 billion Bluetooth chips shipped this year and growing to 5 billion by 2019. This rapid growth will come from IoT markets that will be enabled by mesh technologies and the introduction of IPV6. Given the scale and growth of the market and the number of smaller innovative players it is no wonder that M&A activity is on the increase as witnessed by ARM  and also Qualcomm and CSR.
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