United States: Nokia completes purchase of Fenix Group

Nokia has confirmed the completion of its purchase of Fenix Group which specializes in providing tactical communications solutions for defense communities, including tactical broadband products. Its networks are "designed to provide for mission-critical services at the Edge, mitigating reliance on satellite communications, cloud-based services, or higher-echelon command data networks."

"The closing of the Fenix Group acquisition marks a significant step forward in our strategy to grow our defense business, as well as our overall US strategy," said Mike Loomis, president of Nokia Federal Solutions.

"Fenix's expertise in broadband tactical communications perfectly complements our existing offerings, and together we will be even better positioned to deliver high-performance, secure, and reliable solutions to our defense customers, helping them achieve mission-critical objectives."

"We are excited to officially join forces with Nokia. By combining our innovative solutions with Nokia's global reach and resources, we can create even greater value for our customers and make a significant impact on the future of secure military communications," added Dave Peterson, CEO of Fenix Group.