Nokia plans to buy Comptel to boost software portfolio
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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.
Questions & Answers
Q.What is the primary reason for Nokia's acquisition of Comptel?
What is the primary reason for Nokia's acquisition of Comptel?
Nokia intends to acquire Comptel to integrate its service orchestration, data processing, customer engagement, and agile service monetization solutions. This aims to boost Nokia's software portfolio and combine with its existing capabilities to offer end-to-end orchestration.
Q.How much is Nokia paying for Comptel?
How much is Nokia paying for Comptel?
Nokia's price tag for Comptel is approximately €347 million. This is based on an offer price per share of €3.04, representing a 28.8% premium above the previous day's closing price.
Q.What specific software capabilities will Comptel bring to Nokia?
What specific software capabilities will Comptel bring to Nokia?
Comptel will bring solutions for service orchestration, data processing, customer engagement, and agile service monetization. These will be combined with Nokia's own software, including Cloudband and Nuage.