Talk is FINNISHed: Nokia to buy Alcatel Lucent for €15.6 billion

Finland to be HQ, Bell Labs brand to stay, a900m in savings flagged after share swap deal goes down

Nokia and Alcatel-Lucent have confirmed rumours about a possible merger by saying it will happen, as "The two companies have entered into a memorandum of understanding under which Nokia will make an offer for all of the equity securities issued by Alcatel-Lucent"."