Nokia to sell security appliances business

Related Topics

HELSINKI, Sept 29 | Mon Sep 29, 2008 7:12am EDT

HELSINKI, Sept 29 (Reuters) - The world's top cellphone maker Nokia (NOK1V.HE) said on Monday it would focus its services development on consumers rather than businesses.

Nokia said it was in advanced talks to sell its security appliances business to a financial investor, while it would halt development and marketing of its "behind-the-firewall" corporate software.

The measures will affect in total around 700 staff, it said. (Reporting by Tarmo Virki)

Related Quotes and News

Company
Price
Related News
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.