Nokia completes acquisition of Fenix Group

2 23

Nokia completes acquisition of Fenix Group

Telecommunications giant Nokia on Wednesday announced the successful completion of its acquisition of Fenix Group, a privately held company that specializes in tactical communications solutions for the defense communities, said Nokia in a press release.

The acquisition, originally announced in December 2023, strengthens Nokia's position in the defense sector by adding Fenix's innovative broadband tactical communications products, including the industry-leading Banshee family and Talon MANET radios, to its existing solutions portfolio.

This expanded portfolio will allow Nokia to offer a more comprehensive suite of 3GPP-based solutions to its defense customers worldwide. Interoperable, 3GPP-based mobile networks that are built for data-hungry applications will play an important role in the digitalization of military communications.

The closing of the acquisition, including the associated Committee on Foreign Investment in the United States (CFIUS) review and approval, marks a significant milestone in Nokia’s U.S. strategy.

It underscores Nokia’s commitment to being a trusted provider of secure and innovative solutions to the U.S. Federal government.

With Fenix’s established support to Defense Department programs, Nokia is now well-positioned to further expand its role as a pivotal technology provider for mission-critical needs.

Nokia and Fenix were jointly selected by the Defense Innovation Unit (DIU) in October 2021 for a program.

The mission was to provide ad hoc tactical private wireless communications bubbles. The combination of Nokia and Fenix supports the objective of bringing dual-use technology capabilities to the warfighter.

“The closing of the Fenix Group acquisition marks a significant step forward in our strategy to grow our defense business, as well as our overall U.S. strategy. Fenix's expertise in broadband tactical communications perfectly complements our existing offerings, and together we will be even better positioned to deliver high-performance, secure, and reliable solutions to our defense customers, helping them achieve mission-critical objectives,” said Mike Loomis, President of Nokia Federal Solutions.

"We are excited to officially join forces with Nokia. By combining our innovative solutions with Nokia's global reach and resources, we can create even greater value for our customers and make a significant impact on the future of secure military communications," said Dave Peterson, CEO of Fenix Group.

Source: www.dailyfinland.fi

2 Comments
  1. Emily_1985 says

    Could you elaborate on how the acquisition of Fenix Group by Nokia will impact the 3GPP-based mobile networks in the defense sector? I’m curious about the potential implications for military communications.

  2. Emily_Smith says

    As a telecommunications enthusiast, I believe Nokia’s acquisition of Fenix Group is a strategic move that will surely strengthen their position in the defense sector. The addition of Fenix’s innovative products will allow Nokia to provide more advanced solutions to defense customers globally. I am excited to see how this expanded portfolio will contribute to the digitalization of military communications.

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