London - Finland seems to have been put back on the map. Last week, the distinctively demure nation stunned the rest of Europe with its first ever winning entry at the annual Eurovision song contest: A heavy metal group named Lordi that sported grisly monster masks and sang about the "arockalypse".
Now the country's foremost cellular export Nokia (nyse: NOK - news - people ) is making some revelations of its own, and they will likely be better music to the ears of the world's investors.
This Thursday marks the transition of Nokia's leadership from Chief Executive Jorma Ollila to one Olli-Pekka Kallasvuo. And in the prelude up to that fateful day, Kallasvuo has been offering a glimpse of what the future holds in store for his cellular Goliath.
In a German media report, the incoming CEO put it thusly: "In an increasingly complex business environment, a pragmatic look at partnerships and acquisitions is essential." In other words, acquisitions and cooperation deals could well be on the cards for the Espoo-based company. And in light of recent events that doesn't seem too unlikely. Earlier this month various press reports said Nokia was cultivating a partnership with Google (nasdaq: GOOG - news - people ) to install its Google Talk software on Nokia's Internet Tablet handheld devices.
That not only seems to signify Ollila's passing on a legacy of cross-industry partnerships to cement the company's leading position, but a personal ambition to go out with a bang. Which, though not as headline grabbing as Lordi's approach, seems rather more sensible than belting lyrics like "the day of rockoning" down a microphone.
Nokia's new CEO Kallasvuo mulling acquisitions, partnership deals
HELSINKI (AFX) - Nokia's new CEO Olli-Pekka Kallasvuo is considering acquisitions and cooperation deals to strengthen the Finnish handset maker.
'In an increasingly complex business environment, a pragmatic look at partnerships and acquisitions is essential,' Kallasvuo told today's edition of Financial Times Deutschland, without specifying possible targets or outlining his strategy in further detail.
Kallasvuo formally takes up the reins at Nokia this Thursday, replacing Jorma Ollila who is moving to oil group Shell.
Source : Forbes
Now the country's foremost cellular export Nokia (nyse: NOK - news - people ) is making some revelations of its own, and they will likely be better music to the ears of the world's investors.
This Thursday marks the transition of Nokia's leadership from Chief Executive Jorma Ollila to one Olli-Pekka Kallasvuo. And in the prelude up to that fateful day, Kallasvuo has been offering a glimpse of what the future holds in store for his cellular Goliath.
In a German media report, the incoming CEO put it thusly: "In an increasingly complex business environment, a pragmatic look at partnerships and acquisitions is essential." In other words, acquisitions and cooperation deals could well be on the cards for the Espoo-based company. And in light of recent events that doesn't seem too unlikely. Earlier this month various press reports said Nokia was cultivating a partnership with Google (nasdaq: GOOG - news - people ) to install its Google Talk software on Nokia's Internet Tablet handheld devices.
That not only seems to signify Ollila's passing on a legacy of cross-industry partnerships to cement the company's leading position, but a personal ambition to go out with a bang. Which, though not as headline grabbing as Lordi's approach, seems rather more sensible than belting lyrics like "the day of rockoning" down a microphone.
Nokia's new CEO Kallasvuo mulling acquisitions, partnership deals
HELSINKI (AFX) - Nokia's new CEO Olli-Pekka Kallasvuo is considering acquisitions and cooperation deals to strengthen the Finnish handset maker.
'In an increasingly complex business environment, a pragmatic look at partnerships and acquisitions is essential,' Kallasvuo told today's edition of Financial Times Deutschland, without specifying possible targets or outlining his strategy in further detail.
Kallasvuo formally takes up the reins at Nokia this Thursday, replacing Jorma Ollila who is moving to oil group Shell.
Source : Forbes