Nokia Completes Acquisition of Scalado
Nokia today announced that it has finalized its purchase of camera technology maker Scalado. The acquisition covers developers, technologies, and intellectual property from Scalado. The two companies have worked together for more than 10 years. Nokia has long focused on providing the best possible camera experience in its smart devices, and this acquisition should help it in those pursuits. Terms of the acquisition were not made public.
Europe Approves Nokia's Purchase of Alcatel-Lucent
The European Commission today gave Nokia permission to move forward with its acquisition of rival Alcatel-Lucent. Following its initial review, the Commission approved the deal without placing any conditions on the terms.
Nokia to Acquire Withings for Health and Fitness Push
Nokia today said it plans to acquire Withings for about $192 million in cash. Nokia hopes the acquisition will help it make a stronger push into the markets for wearables and the internet of things.
Nokia's Alcatel-Lucent Acquisition Clears CFIUS
Nokia today said the Committee on Foreign Investment in the United States has approved its proposed acquisition of Alcatel-Lucent. CFIUS' approval was the last regulatory hurdle in the US, which has already been approved by the Justice Dept.
Pandora Finalizes Rdio Technology Acquisition
Pandora today said it has wrapped up its acquisition of Rdio. The deal gives Pandora technology, intellectual property, and about 100 former Rdio employees.