09-02-2017 13:20 via telecoms.com

Nokia drops €347 million on Comptel to kick-start software push

Nokia fancies itself as a software player, so what better way to start than the acquisition of a Finnish OSS company?
That seems to be the logic behind dropping €347 million on Comptel, which has been involved in telecoms software for 30 years. As Nokia detailed at its recent capital markets day diversification is vital in an era when operators are reluctant to spend in networking gear and a standalone software business was identified as the single most important direction to move towards (
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