Nokia to Acquire Comptel, for €347M

nokiaNokia Corporation is to acquire Comptel, a Helsinki, Finland-based listed provider of a platform to deliver digital and communications services, for approximately €347m.

The deal will enable Nokia to advance its software strategy and provide service providers with Comptel’s solution to design, deliver, orchestrate and assure communications and digital services across physical, virtual and hybrid networks. The acquisition will bolster Nokia’s software portfolio by adding solutions for catalogue-driven service orchestration and fulfillment, intelligent data processing, customer engagement, and agile service monetization.

Founded in 1986 and led by Juhani Hintikka, President and CEO, Comptel is a long-time Nokia partner with over 800 employees in 32 countries. The company has completed over 1.400 customer projects in more than 90 countries. In 2015, its revenue was €98m with an 8.7% operating margin.

The company’s major sites are in Finland, Bulgaria, Malaysia, India, the United Kingdom and Norway.



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