ViewSonic to Buy Nokia Unit

By Karen Kaplan

Jan. 19, 2000 12 AM PT

Computer monitor manufacturer ViewSonic Corp. of Walnut tentatively agreed to buy the monitor-making division of Nokia, the Finnish maker of cellular phones. The companies said they have a letter of intent and hope to complete the deal by the end of January. Terms weren’t disclosed. The acquisition of Nokia Display Products would boost privately held ViewSonic’s market share in Europe and expand its customer base among companies in the high-end computer graphics field, said Peter Weedfald, ViewSonic’s executive vice president for marketing and business strategies. Nokia shares fell $5.13 Tuesday, to $178.88, on the New York Stock Exchange.

Technology and the Internet

Karen Kaplan

Karen Kaplan covers science and medical research for the Los Angeles Times. She has been a member of the science team since 2005, including 13 years as an editor. Her first decade at The Times was spent covering technology in the Business section as both a reporter and editor. She grew up in San Diego and is a graduate of MIT and Columbia University.

ViewSonic to Buy Nokia Unit

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