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.
French regulator approves Nokia's takeover of Alcatel-Lucent, which should help it compete in the global telecom equipment market.
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.
Telefónica, Spain's largest mobile operator, works with Alcatel-Lucent to build out a nationwide 4G LTE network in Spain.
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.