Nokia continues to divest its non-core applications
"Nokia’s decision to divest its Device Management and Service Management Platform is a clear response to the fast-paced changes of the tech landscape."
Nokia announced on 20 December 2023 that it will sell its Device Management and Service Management Platform businesses to Lumine Group (Lumine) for EUR185 million (USD202.6 million) to enable it to invest in other strategic areas. This article discusses the deal in more detail.
USD499
Log in to check if this content is included in your content subscription.
Author
Dennisa Nichiforov
Principal AnalystRelated items
Article
Hyper-automation can re-energise revenue growth, but only if operators look beyond mere cost reduction
Tracker report
Automated assurance M&A: trends and analysis 2025
Article
The automated assurance market shrank in 2024 because operators were cautious about new spending