Nokia today announced the successful completion of its acquisition of Comptel Corporation, a Finland-based telecommunications software company. The acquisition was announced February 9, 2017.
The acquisition advances Nokia’s strategy to build a standalone software business at scale by expanding and strengthening its software portfolio and go-to-market capabilities. Comptel bolsters Nokia’s software portfolio by adding capabilities that help digital service providers bring new communications services to market faster, master the orchestration of services and order flows, capture data-in-motion and refine decision-making.
When combined with Nokia’s Operations Support Systems (OSS), Business Support Systems (BSS), analytics, security and cloud technology, Nokia will be able to offer the software intelligence and real-time network information to deliver better digital experiences and operations in a cloud environment.
Nokia Solutions and Networks Oy has gained title to more than nine tenths (9/10) of all the shares and votes in Comptel Corporation (Comptel). Nokia announced on 9 February 2017 a voluntary public tender offer in accordance with the Finnish Securities Market Act for all the issued and outstanding shares and option rights in Comptel that are not owned by Comptel or any of its subsidiaries. By virtue of the tender offer, together with shares acquired through market purchases by 27 April 2017, Nokia has gained title to 105.590.253 shares in Comptel corresponding to approximately 96.57 percent of all the shares and votes in Comptel, excluding the treasury shares held by Comptel. The consideration paid in the tender offer was EUR 3.04 per share.