February 19 - 16:02
Nokia to make Elenion acquisition
Nokia is to acquire Elenion, a US firm that specialises in silicon photonics technology. The buyout will give Nokia more expertise in the optical connectivity requirements critical to 5G, cloud and enterprise networking. Elenion was only founded in 2014 but has pioneered a design toolset for low-cost silicon photonics technologies. Terms of the acquisition were not revealed to the press.
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