The $16.6 billion deal will see the companies combine their networking and telecoms strengths.
Nokia is looking to become a "global leader" in technology with the purchase of French company Alcatel-Lucent in a deal worth $16.6 billion.
Following speculation regarding a deal, Finnish telecoms giant Nokia admits it's in discussions with its French rival, but warns that nothing is certain yet.
The struggling network equipment maker will cut its workforce by about 14 percent in an effort to trim $1 billion in costs, European newspapers report.
His resignation comes after four tumultuous years at the helm of the struggling network equipment maker.
A San Diego jury says Apple and LG did not infringe on patents owned by Alcatel-Lucent's Multimedia Patent Trust.
Apple and LG are due in court this week to defend against charges from Alcatel-Lucent subsidiary Multimedia Patent Trust that they've infringed its video patents.
The companies ask judge to end the case, two months after she ordered Microsoft to pay $26.3 million, for infringing on patents in Outlook and two other products.
Alcatel-Lucent has developed a modular system that greatly reduces the footprint of a cell phone tower and bay station.
The telecommunications infrastructure company gives ZDNet UK a tour of its cable gear factory and the ship Ile de Batz, offering a look at a vital part of the global Internet that's normally hidden by miles of water.