Driverless cars, robot surgeons spur merger

April 15, 2015 10:42 PM

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Nokia’s $16.6 billion takeover of Alcatel-Lucent will create a leader in building networks for today’s smartphones. The companies are betting they can also get an edge connecting millions of intelligent machines that haven’t been invented yet.

The advent of mobile technology to power high-speed connections for everything from driverless cars to robotic surgeons was a key driver in the merger discussions, according to people familiar with the transaction. The companies are eager to build scale in research and development before the rollout...

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