Investment Summary

Nokia Invests In Nokia Solutions and Networks

On July 1, 2013, Nokia invested in technology hardware company Nokia Solutions and Networks from Siemens

Investment Highlights
  • This is Nokia’s 2nd transaction in the Technology Hardware sector.
  • This is Nokia’s 2nd transaction in Finland.

Investment Summary
Date 2013-07-01
Target Nokia Solutions and Networks
Sector Technology Hardware
Investor(s) Nokia
Sellers(s) Siemens
Deal Type Stake Purchase

Target

Nokia Solutions and Networks

Espoo, Finland
Nokia Solutions and Networks is a data networking and telecommunications equipment company headquartered in Espoo, Finland. It was formed in 2007 as a joint venture between Siemens and Nokia.

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Investor(S) 1

Investor

Nokia

Espoo, Finland
Category Company
Founded 1865
Sector Communications
Employees86,689
Revenue 22.3B EUR (2023)
DESCRIPTION

Nokia is a Finnish communications and information technology multinational corporation. Nokia was founded in 1865 and is based in Espoo, Finland.

DEAL STATS #
Overall 14 of 29
Sector (Technology Hardware) 2 of 6
Type (Stake Purchase) 1 of 1
Country (Finland) 2 of 2
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-19 Earthmine

Berkeley, California, United States

Earthmine, Inc. offers a complete solution for collecting, processing, managing, and hosting 3D street level imagery, as well as developer tools for creating and distributing applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-03 Nokia Devices & Services

Espoo, Finland

Nokia’s Devices and Services business consists of Mobile Phones and Smart Devices as well as design teams and operations that include all of Nokia Devices & Services-related production facilities, Devices & Services-related sales and marketing activities, and related support functions.

Sell €5.4B

Seller(S) 1

SELLER

Siemens

Munich, Germany
Category Company
Founded 1847
Sector Diversified
Employees320,000
Revenue 77.8B EUR (2023)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.

DEAL STATS #
Overall 16 of 27
Sector (Technology Hardware) 3 of 3
Type (Stake Purchase) 1 of 1
Country (Finland) 1 of 1
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Preactor International

Chippenham, United Kingdom

Preactor International is a provider of production planning and scheduling software used by a wide range of businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-01 Ethos Energy

Houston, Texas, United States

Ethos Energy is a company that specializes in providing rotating equipment services and solutions. Ethos Energy offerings include facility operations and maintenance, designing and manufacturing engineered components, and repairing and optimizing gas and steam turbines, generators, compressors, and transformers. Ethos Energy was founded in 2014 and is based in Houston, Texas.

Buy -
Mergr

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