Summary:

Nokia (NYSE: NOK) said today to ensure it has a clear focus on the consumer market, it will reallocate resources and sell some assets that w…

Nokia (NYSE: NOK) said today to ensure it has a clear focus on the consumer market, it will reallocate resources and sell some assets that were focused on the enterprise. Its first order of business is to stop developing and marketing its own business mobility solutions, including enterprise email. Instead, it will rely on enterprise vendors such as Microsoft (NSDQ: MSFT), IBM, Cisco (NSDQ: CSCO) and others, and use its internal technologies and expertise for developing Nokia’s consumer push-email service. In addition, the company said it’s also in “advanced stages of discussions for the potential sale of its security appliances business to a financial investor.” No word on how much it will sell for, but Nokia’s EVP of Services & Software said: “If this transaction is concluded, it would be an extremely positive development for the security appliance business, which will be able to realize its full potential under new ownership. The investor is committed to continuing the development and growth of the business, to serving its current network of customers, and to retaining and motivating its employees.” Release.

Nokia’s Music store goes to Spain: Nokia also launched the Nokia Music Store in Spain. The store, located at www.music.nokia.es, has a catalog of more than 4 million songs. Tracks cost EUR 1.50 each and whole albums are EUR 10. The streaming service is EUR 10 for the monthly subscription. All songs and albums are paid for by credit card. Release.

Nokia announces patent agreement with Huawei: Nokia and Nokia Siemens Networks said it signed a patent license agreement with Huawei and its affiliates for standards essential patents. The comprehensive agreement covers the worldwide use of all standards essential patents of all parties, including GSM, WCDMA, CDMA2000, optical networking, datacom and WiMAX in mobile devices, infrastructure and services. Release.

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