ESPOO, Finland & VICTORIA, British Columbia – (BUSINESS WIRE) – Nokia en Vecima Networks (TSX: VCM) kondigen vandaag de succesvolle afronding aan van de verkoop van Nokia’s Gainspeed-portfolio, dat technologie en activa ondersteunt aan Vecima Networks. Dit volgt op de geplande overname die oorspronkelijk was aangekondigd.

Nokia zal een voortdurende zakelijke relatie met Vecima onderhouden die belangrijke, activerende technologieën omvat om uniforme mogelijkheden voor kabeltoegang aan te pakken. Nokia behoudt zijn kabelgerelateerde producten en oplossingen, waaronder mobiele, routing-, transport-, glasvezel- en vaste draadloze toegangstechnologie, evenals netwerkactiviteiten en klantervaringsgerelateerde oplossingen. Financiële details van de verkoop worden niet bekendgemaakt.

Over Nokia

We creëren de technologie om de wereld te verbinden. Alleen Nokia biedt een uitgebreid portfolio van netwerkapparatuur, software, diensten en licentiemogelijkheden over de hele wereld. Met onze toewijding aan innovatie, aangedreven door de bekroonde Nokia Bell Labs, lopen we voorop in de ontwikkeling en implementatie van 5G-netwerken.

Vecima Networks Completes Purchase of DOCSIS Distributed Access Architecture and EPON/DPoE Portfolios From Nokia

ESPOO, Finland & VICTORIA, British Columbia–(BUSINESS WIRE)– Nokia and Vecima Networks (TSX: VCM) today announced the successful completion of the sale of Nokia’s Gainspeed portfolio, supporting technology and assets to Vecima Networks. This follows the planned acquisition that was originally announced.

Nokia will maintain an ongoing business relationship with Vecima that includes key, enabling technologies, to address unified cable access opportunities. Nokia will retain its cable-related products and solutions including mobile, routing, transport, fiber, and fixed wireless access technology, along with network operations and customer experience-related solutions. Financial details of the sale are not being disclosed.

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

About Vecima Networks

Vecima Networks Inc. is a global leader focused on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. We enable the world’s leading innovators to advance, connect, entertain, and analyze. We build technologies that transform content delivery and storage, enable high‑capacity broadband network access, and streamline data analytics. For more information, please visit our website at www.vecima.com.

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Contacts

Inquiries:
Nokia
Communications

Phone: +358 10 448 4900
Email: press.services@nokia.com

Vecima Networks
Investor Relations

Phone: +1 250-881-1982

Email: invest@vecima.com