Nokia gets a €250 million loan from NIB for 5G research in Europe

Finnish telecommunications company Nokia has secured a €250 million loan from the Nordic Investment Bank (NIB) for its research and development related to 5G products until 2020, concentrating particularly on “developing new 5G-related end-to-end product offerings for different business areas,” the company stated in a press release. The loan has an average life of five […]

Nokia invests in French R&D body bcom to advance 5G development

Nokia has announced an investment in French research and development centre bcom to advance the development of 5G. No figures have been disclosed. From this month Nokia Bell Labs and bcom’s network and security team will begin developing their 5G strategies for the future. According to bcom’s statement, its teams will be collaborating with the […]

Nokia acquires French digital health company Withings for €170 million

Nokia this morning announced plans to acquire Withings, a connected health product maker based in France, in a transaction that values the company at €170 million. The company had raised approximately €30 million in funding from IDInvest Partners, Bpifrance, Ventech and 360 Capital Partners. Withings, whose products include activity trackers, smart weighing scales, thermometers, blood […]