9. Nokia targets Alcatel Lucent
Less than a year after Nokia sold its handset business to Microsoft it announced this major buyout.
Should the deal complete, Nokia says it will be able to pursue development of 5G, IP and software-defined networking, cloud technology, analytics as well as sensors and imaging technology. The two companies also deal in fixed and mobile broadband, IP routing, core networks and cloud applications and services.
Nokia plans to restructure its networks business into four groups: mobile networks, fixed networks, applications and analytics and IP/optical networks. Nokia Technologies would operate as a separate group for licensing and incubation of new technology.
The deal was awaiting shareholder approval and other steps at the time of writing.
Read more: Nokia and Alcatel to merge in $22 billion deal