Nokia Completes Acquisition of Elenion Technologies

Nokia completed acquisition of Elenion Technologies, a U.S.-based company focusing on silicon photonics technology. The deal was originally announced about a month ago.

Elenion’s technology expertise and unique design platform and services enable Nokia to expand its market footprint by addressing the critical and rapidly evolving optical connectivity requirements of 5G, cloud and enterprise networking. Ownership of these key assets brings time-to-market and cost advantages to Nokia’s broad portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain.

The deal will also add additional value to the company's rich 5G portfolio. Earlier this week, Nokia said that it has declared more than 3,000 patent families to the European Telecommunications Standards Institute as essential for the 5G standard.