Nokia (NOK) to Acquire Fenix Group

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Nokia to acquire Fenix Group, strengthening wireless offering in the Defense segment

December 12, 2023 2:12 AM EST

Press Release

Nokia to acquire Fenix Group, strengthening wireless offering in the Defense segment

·  Acquisition of North American Fenix Group will allow Nokia to offer a more comprehensive suite of solutions to its defense customers.

12 December 2023 Espoo, Finland Nokia, a global leader in telecommunications technology, today announced that it has signed an agreement to acquire Fenix Group, a privately held company that specializes in tactical 3rd Generation Partnership Project (3GPP) communications solutions for the defense communities. Fenix Group is a leading provider of innovative tactical communications products, including the Banshee product family.... More