Nokia's software strategy is becoming more clear as it revealed plans to acquire telecom software specialist Comptel for US$370 million. As part of the strategy, Nokia is strengthening its software capabilities in key areas around technology innovation, services and go-to-market. "Nokia is committed to building its software business and is backing its commitment with strategic investments," said Bhaskar Gorti, president of Nokia's Applications & Analytics business group, in a statement. The planned acquisition of Comptel would bolster go-to-market efforts with a software-dedicated sales force and strong partner network, said Nokia. By combining Nokia's Service Assurance portfolio with Comptel's Service Orchestration solution, Nokia said it would enable a closed loop between service assurance and fulfillment that simplifies management of complex heterogeneous networks.
As it stated in
Nokia, once the world's biggest handset maker, really wants everyone to know that it's a software company now. "Nokia is committed to building its software business and is backing its commitment with strategic investments. Nokia's offer is to pay €3.04 in cash, valuing Comptel at €347 million ($370 million). "Comptel would bolster Nokia's software portfolio by adding critical solutions for catalogue-driven service orchestration and fulfillment, intelligent data processing, customer engagement, and agile service monetization," Nokia notes. Comptel helps us do that," said Bhaskar Gorti, president of Nokia's Applications & Analytics business group, in a statement.
read more visit us Nokia
collected by :Andro Alex
As it stated in
Nokia to buy Comptel for $370M as it pushes deeper into carrier software
Nokia said the deal, valuing Comptel at around €347 million (US$370 million) would help it toward its goal of building a standalone software business. Nokia is looking for new markets as network equipment becomes increasingly commoditizedNetwork equipment vendor Nokia wants to buy a software company that helps customers make do with less hardware. The bid is a logical move, said Sylvain Fabre, a research director at Gartner: "The days of proprietary infrastructure from network equipment providers are numbered. On Thursday, it offered to buy Finnish neighbor Comptel, which develops software to help network operators manage their networks and deliver additional services. If Nokia's bid is successful, Comptel will remain a separate legal entity but will operate as part of Nokia's Application and Analytics business group.Nokia, once the world's biggest handset maker, really wants everyone to know that it's a software company now. "Nokia is committed to building its software business and is backing its commitment with strategic investments. Nokia's offer is to pay €3.04 in cash, valuing Comptel at €347 million ($370 million). "Comptel would bolster Nokia's software portfolio by adding critical solutions for catalogue-driven service orchestration and fulfillment, intelligent data processing, customer engagement, and agile service monetization," Nokia notes. Comptel helps us do that," said Bhaskar Gorti, president of Nokia's Applications & Analytics business group, in a statement.
read more visit us Nokia
collected by :Andro Alex
Comments
Post a Comment