Nokia: acquisition of Rapid's technology assets
(CercleFinance.com) - Nokia announces the acquisition of Rapid's technology assets, including the world's largest API (Application Programming Interface) hub, used by thousands of developers, and its R&D unit.
The deal is part of Nokia's strategy to broaden its network API roadmap and strengthen the API ecosystem for operating 5G and 4G networks.
The integration of Rapid's API technology with Nokia's Network as Code platform will enable operators to better control API usage, manage their lifecycle and collaborate with Rapid's developer community.
Since the launch of Network as Code in September 2023, Nokia has signed up 27 partners worldwide.
The financial terms of the agreement, as signed and concluded today, were not disclosed.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The deal is part of Nokia's strategy to broaden its network API roadmap and strengthen the API ecosystem for operating 5G and 4G networks.
The integration of Rapid's API technology with Nokia's Network as Code platform will enable operators to better control API usage, manage their lifecycle and collaborate with Rapid's developer community.
Since the launch of Network as Code in September 2023, Nokia has signed up 27 partners worldwide.
The financial terms of the agreement, as signed and concluded today, were not disclosed.
Copyright (c) 2024 CercleFinance.com. All rights reserved.