Nokia plans to buy Comptel to boost software portfolio

Rob Powell
10 Feb 2017
00:00

Nokia has revealed an interesting M&A move over in Europe this morning. The vendor has announced an intention to acquire Finland-based Comptel, launching a recommended cash tender offer for the company's shares.

The deal would bring Comptel's service orchestration, data processing, customer engagement, and agile service monetization solutions under Nokia's roof.

There they would be combined with Nokia's own software capabilities, which include Cloudband and Nuage. Those of course derive from the Alcatel-Lucent acquisition.

The result would be the ability to offer end-to-end orchestration of complex NFV and SDN deployments, and thus make a more complete case to the carrier market going forward. One might see this deal as having a similar plan in mind as we saw in the Ciena/Cyan deal a year and a half ago.

The price tag for Nokia is approximately €347 million, which derives in part from an offer price per share of €3.04 ($3.24), a 28.8% premium above the closing price yesterday. That price has been unanimously recommended by Comptel's board of directors.

This article was authored by Rob Powell and was originally posted on Telecomramblings.com

Rob Powell is founder & editor of Telecom Ramblings, which was set up in 2008. The website is dedicated to discussing trends and developments in the telecom industry.

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