Nokia to invest in France, keep Alcatel-Lucent workers for four yearsStaff writer ▼ | September 23, 2015
Nokia president and CEO Rajeev Suri met with Emmanuel Macron, France's Minister of Economy, Industry and Digital Affairs, to affirm Nokia's commitment to driving innovation in France that will result from Nokia's proposed combination with Alcatel-Lucent.
Merger Nokia confirmed that France will play a leading role
Nokia intends to leverage Alcatel-Lucent's existing capabilities in R&D and its strong talent base through worldwide technology centers located in France that will focus on 5G and Small Cells, Cyber-security and privacy, Bell Labs, Wireless Transmission, Optical transmission, and IP platforms.
Nokia expects to benefit from becoming a deeply embedded part of France, tapping into and helping develop the technology ecosystem of the country.
Nokia will invest further in the digital innovation ecosystem in France following the completion of the transaction, primarily through the establishment of a long-term investment fund in the range of EUR 100 million. This fund will mainly target the Internet of Things, cyber-security and software platform enablers for next generation networks.
Nokia intends to support the development of the overall telecom ecosystem in France and to ensure continuity of Alcatel-Lucent's current initiatives.
This involves playing an active role in the government's "Industry of the Future" program, funding academic tuition, programs and chairs, situating technology experts within France, and continuing Alcatel-Lucent's involvement in major initiatives such as Pôles de compétitivité Systematic, Cap Digital, and Images and Réseaux.
Nokia will also develop three industrial platforms and networks prototypes in France within the fields of 5G, Industrial Internet / Internet of Things connectivity and cyber-security.
Nokia has also committed to maintaining employment in France that is consistent with Alcatel-Lucent's Shift Plan commitments for a period of at least two years after completion of the proposed transaction.
R&D capacity is planned to be increased from 2,000 to 2,500 employees over the next three years, including the recruitment of at least 300 new graduates.
The R&D employment level will be maintained for a period of at least four years after completion of the proposed transaction. ■