Nokia is on a shopping spree!! We talked about its targeted and strategy driven acquisitions while reporting Nokia Networks buying NAC wireless for boosting its business in US market. Nokia has today announced that it is buying a 3-D geolocation solution from NICE Systems to enhance the planning and optimization of mobile networks. Nokia will get access to tools, technical expertise, and the right to further develop these capabilities.
“Advanced network planning and optimization services are at the forefront of Nokia Networks’ strategic services to mobile operators. The evolution of small cells and LTE necessitates more accurate 3-D geolocation capabilities. Nokia Networks intends to enhance this unique solution in order to offer superior services to our customers, regardless of which network gear they use,” said Dennis Lorenzin, head of Network Planning and Optimization** at the Global Services business unit of Nokia Networks.
“Nokia Networks intends to build up a competence center in Israel, develop its future portfolio around 3-D modeling, and increase automation in its services. This is a further step in Nokia Networks’ pursuit of innovation that comes from the global community of technology companies,” said Dror Nemirovsky, head of Ecosystem Ventures at Nokia Networks.
Nokia has also completed acquisition of Medio systems, originally announced on 12th June. Nokia is integrating a team of about 60 skilled employees from Medio for integrating the predictive analytics technology into the HERE platform, while continuing to serve their existing client base. Nokia will also share Medio’s technology to Nokia Networks and Nokia Technologies.
“With Medio’s predictive analytics capabilities we are strengthening our platform to deliver more personal experiences in cars, on mobile devices and to businesses,” said Michael Halbherr, CEO of HERE. “Medio’s technology will accelerate our vision to seamlessly bridge the real and virtual worlds. We believe that the focused investments we’re making today will enable us to take maps far beyond where they are today to become a valuable source of location intelligence.”