List of acquisitions by Nokia
Encyclopedia
Nokia Corporation
is a Finnish
multinational
communications corporation, founded in 1865. It is headquartered in Keilaniemi
, Espoo
, a city neighbouring Finland's capital Helsinki
. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. Nokia was founded by Fredrik Idestam
in 1865. The company was subsequently incorporated in the town of Nokia
in 1871.
The following is a list of acquisitions
by Nokia since December 1997. During the past few years Nokia has been actively acquiring companies with new technologies and competencies, including also investments in minority positions. Since December 1997, Nokia has acquired 41 companies or businesses. The value of each acquisition is listed in either US dollars or Euros. If the value of an acquisition is not listed, then it is undisclosed.
s.
Nokia
Nokia Corporation is a Finnish multinational communications corporation that is headquartered in Keilaniemi, Espoo, a city neighbouring Finland's capital Helsinki...
is a Finnish
Finland
Finland , officially the Republic of Finland, is a Nordic country situated in the Fennoscandian region of Northern Europe. It is bordered by Sweden in the west, Norway in the north and Russia in the east, while Estonia lies to its south across the Gulf of Finland.Around 5.4 million people reside...
multinational
Multinational corporation
A multi national corporation or enterprise , is a corporation or an enterprise that manages production or delivers services in more than one country. It can also be referred to as an international corporation...
communications corporation, founded in 1865. It is headquartered in Keilaniemi
Keilaniemi
Keilaniemi is a district in the south-eastern part of Espoo, Finland. Keilaniemi is bordered by the university district of Otaniemi to the north, the commercial/residential district of Tapiola to the west, the Keilalahti bay separating Espoo and Helsinki to the east, and the Gulf of Finland to the...
, Espoo
Espoo
Espoo is the second largest city and municipality in Finland. The population of the city of Espoo is . It is part of the Helsinki Metropolitan Area along with the cities of Helsinki, Vantaa, and Kauniainen. Espoo shares its eastern border with Helsinki and Vantaa, while enclosing Kauniainen....
, a city neighbouring Finland's capital Helsinki
Helsinki
Helsinki is the capital and largest city in Finland. It is in the region of Uusimaa, located in southern Finland, on the shore of the Gulf of Finland, an arm of the Baltic Sea. The population of the city of Helsinki is , making it by far the most populous municipality in Finland. Helsinki is...
. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. Nokia was founded by Fredrik Idestam
Fredrik Idestam
Knut Fredrik Idestam was a Finnish mining engineer and businessman, best known as a founder of Nokia....
in 1865. The company was subsequently incorporated in the town of Nokia
Nokia, Finland
Nokia, Finland is a town and a municipality on the banks of the Nokianvirta River in the region of Pirkanmaa, some west of Tampere. As of it has a population of .-History:...
in 1871.
The following is a list of acquisitions
Mergers and acquisitions
Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...
by Nokia since December 1997. During the past few years Nokia has been actively acquiring companies with new technologies and competencies, including also investments in minority positions. Since December 1997, Nokia has acquired 41 companies or businesses. The value of each acquisition is listed in either US dollars or Euros. If the value of an acquisition is not listed, then it is undisclosed.
Acquisitions
| Acquisition date | Acquisition target | Nokia unit | Country | Value (Million USD United States dollar The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies.... /EUR Euro The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,... ) |
Ref. |
|---|---|---|---|---|---|
| Not yet finished (Expected: late 2010) |
Wireless infrastructure assets of Motorola Motorola Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois, which was eventually divided into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011, after losing $4.3 billion from 2007 to 2009... |
Nokia Siemens Networks | $1,200 | ||
| September 1, 2010 | Motally (app/webapp tracking software) | Services | — | |
|
| April 9, 2010 | Novarra Inc. Novarra Inc. Novarra is a mobile internet software company founded in 2000 and based in Itasca, IL, USA. It creates web-based services such as web internet access, portals, videos, widgets and advertising for mobile devices... (Java based web browser) |
Services | — | |
|
| April 9, 2010 | MetaCarta, Inc. MetaCarta MetaCarta is aprivate company providing geographic solutions since 2001. Their headquarters are in Cambridge, MA with additional offices located in Washington DC; Houston, TX; San Francisco, CA; Seattle, WA; and New York, NY.-History:... |
Services | — | ||
| September 28, 2009 | Dopplr Dopplr Dopplr is a free social networking service, launched in 2007, that allows users to create itineraries of their travel plans and spot correlations with their contacts’ travel plans in order to arrange meetings at any point on their journey. Additional features include allowing the user to calculate... |
Services | — | ||
| September 11, 2009 | Plum | Services | — | ||
| August 5, 2009 | cellity AG | Services | — | |
|
| February 9, 2009 | bit-side GmbH | Services | — | |
|
| December 2, 2008 | Symbian Ltd. Symbian Ltd. Symbian Ltd. was a software development and licensing company, known for the Symbian OS, a smartphone operating system, and other related technologies... The net cash outlay from Nokia to purchase the approximately 52% of Symbian Limited shares it did not already own was approximately EUR 264 million. |
Nokia Corporation | €264 | |
|
| November 4, 2008 | OZ Communications | Services & Software | — | |
|
| July 15, 2008 | Plazes Plazes Plazes AG is a Berlin, Germany based geosocial networking site. Plazes allows users to post their location and current activities and share this information with other Plazes users via computers or mobile telephones. On 23 June 2008, Nokia Corporation announced plans to acquire Plazes.-History... |
Services & Software | — | |
|
| July 10, 2008 | Navteq NAVTEQ Navteq is a Chicago, Illinois-based provider of Geographic Information Systems data and is a dominant company in providing the base electronic navigable maps... |
Nokia Corporation | $8,100 | |
|
| June 17, 2008 | Trolltech (Qt Development Frameworks) | Devices | $153 | |
|
| December 4, 2007 | Avvenu | Enterprise Solutions | — | |
|
| October 8, 2007 | Enpocket Enpocket Enpocket was a global mobile media company providing integrated entertainment and mobile marketing services. The company was founded in 2001, headquartered in Boston, Massachusetts. Nokia acquired the company in 2007 and merged it into its Services division as Nokia Interactive Advertising... |
Nokia Corporation | — | ||
| July 24, 2007 | Twango Twango Twango was an online media sharing site that supported multiple file types such as photos, video, audio, and documents. It provided users a means of repurposing their media, including sharing, editing, organizing and categorizing. In addition, Twango saved all the original media and its metadata... |
Multimedia | — | ||
| October 16, 2006 | Loudeye Corp. | Multimedia | $60 | |
|
| October 12, 2006 | gate5 AG | Multimedia | — | ||
| June 30, 2006 | LCC International's U.S. deployment business | Networks | — | ||
| February 10, 2006 | Intellisync Corporation Intellisync The Intellisync Corporation is a provider of Data and PIM Synchronization software for mobile devices, such as Cell Phones and PDAs. The company is currently a part of Nokia, after it was acquired in 2006.-History:... |
Enterprise Solutions | $430 | |
|
| October 18, 2004 | Metrowerks Corporation Metrowerks Metrowerks was a company that developed software development tools for various desktop, handheld, embedded, and gaming platforms. Its flagship product, CodeWarrior, comprised an IDE, compilers, linkers, debuggers, libraries, and related tools... |
Nokia Corporation | — | ||
| November 3, 2003 | Tahoe Networks | Nokia Networks | — | ||
| August 19, 2003 | Sega.com Inc. | Nokia Mobile Phones | — | |
|
| April 22, 2003 | Eizel Technologies | Nokia Internet Communications | $21 | |
|
| May 22, 2002 | Redback Networks Inc. Redback Networks Redback Networks was a telecommunications equipment company, specializing in hardware and software used by ISPs to manage broadband services. In December 2006, Ericsson and Redback announced they had signed a definitive agreement under which Ericsson would acquire Redback... |
Nokia Networks | — | ||
| July 25, 2001 | Amber Networks Inc. | Nokia Networks | $421 | |
|
| June 28, 2001 | F5 Networks Inc. F5 Networks F5 Networks, Inc. is a networking appliances company. It is headquartered in Seattle, Washington and has development and marketing offices worldwide. It originally manufactured and sold some of the very first load balancing products... |
Nokia Internet Communications | — | ||
| December 7, 2000 | Ramp Networks Inc. | Nokia Internet Communications | $127 | |
|
| October 20, 2000 | NGI Industrial (NGI)Nokia increased its ownership to 100% and purchased the additional 49% of the total share capital of NGI from Gradiente Telecom for USD $415 million. | Nokia Mobile Phones | $415 | ||
| August 8, 2000 | DiscoveryCom Inc. | Nokia Networks | $220 | |
|
| February 1, 2000 | Network Alchemy Inc. | Nokia Internet Communications | $335 | |
|
| December 13, 1999 | Security software business from TeamWARE Group | Nokia Wireless Network Solutions | — | ||
| October 22, 1999 | Telekol Group | Nokia Internet Communications | $56.5 | ||
| September 2, 1999 | Rooftop Communications Corporation | Nokia Networks | $57 | |
|
| June 30, 1999 | Aircom International | Nokia Networks | — | ||
| May 14, 1999 | R&D units from TeamWARE Group | Nokia Mobile Phones | — | ||
| February 18, 1999 | InTalk Corporation | Nokia Wireless Business Communications | — | ||
| February 16, 1999 | Diamond Lane Communications | Nokia Networks | $125 | ||
| December 18, 1998 | Vienna Systems Corporation | Nokia Internet Communications | $90 | ||
| September 17, 1998 | NE-Products Oy | Nokia Mobile Phones | — | ||
| August 20, 1998 | User Interface Design | Nokia Communications Products | — | ||
| June 25, 1998 | Matra Nortel Communications | Nokia Mobile Phones | — | ||
| December 9, 1997 | Ipsilon Networks Inc. Ipsilon Networks Ipsilon Networks was a computer networking company which specialised in IP switching during the 1990s.The first product called the IP Switch ATM 1600 was announced in March 1996 for US$46,000.... |
Nokia Networks | $120 |
Divestments
Since 1996, Nokia has made the following divestmentDivestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for either financial or ethical objectives or sale of an existing business by a firm...
s.
| Date | Divestiture target | Nokia unit | Ref. |
|---|---|---|---|
| November 30, 2010 | Nokia's wireless modem business | Nokia Corporation | |
| July 12, 2010 | MetaCarta MetaCarta MetaCarta is aprivate company providing geographic solutions since 2001. Their headquarters are in Cambridge, MA with additional offices located in Washington DC; Houston, TX; San Francisco, CA; Seattle, WA; and New York, NY.-History:... 's enterprise business |
Nokia Corporation | |
| December 1, 2009 | Venyon | Nokia Corporation | |
| October 16, 2009 | Nokia's Symbian Professional Services | Nokia Corporation | |
| April 14, 2009 | Nokia's security appliance business | Services | |
| June 16, 2008 | Nokia's line fit automotive business | Devices | |
| June 02, 2008 | Nokia's Adaptation Software R&D entity | Nokia Corporation | |
| May 16, 2008 | Nokia's Identity Systems | Services & Software | |
| November 5, 2007 | 3G chipset development | Nokia Corporation | |
| September 5, 2005 | Professional Mobile Radio business | Networks | |
| March 18, 2005 | Nextrom Holding | Nokia Corporation | |
| August 30, 2001 | Part of mobile core related R&D | Nokia Networks | |
| March 13, 2001 | Narrowband access products | Nokia Networks | |
| June 13, 2000 | Cabling and electromechanical units | Nokia Networks | |
| January 17, 2000 | Nokia Display Products' branded business | Nokia Display Products | |
| January 10, 2000 | Monitor manufacturing unit in Hungary | Nokia Display Products | |
| November 1, 1999 | SHD/DWDM business | Nokia Networks | |
| October 1, 1999 | Salcomp Oy | Nokia Communications Products | |
| September 9, 1998 | Mobile radios and printed circuit boards | Nokia Networks | |
| August 7, 1998 | LK-Products Oy | Nokia Mobile Phones | |
| March 3, 1998 | Autoliv Nokia AB | Nokia Industrial Electronics | |
| December 23, 1997 | Loudspeaker Operations | Nokia Industrial Electronics | |
| February 7, 1997 | Tuner Operations | Nokia Multimedia Network Terminals | |
| July 17, 1996 | Television production | Nokia General Communications Products | |
| March 18, 1996 | Cable Business / NKF Holding NV | Nokia Communications Products |
External links
- Official Nokia portal
- Nokia – Financials
- Nokia – Investor Relations
- Nokia Corporation Company Profile at Yahoo!Yahoo!Yahoo! Inc. is an American multinational internet corporation headquartered in Sunnyvale, California, United States. The company is perhaps best known for its web portal, search engine , Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Groups, Yahoo! Answers, advertising, online mapping ,...