Nokia buys Rapid's API marketplace and R&D unit to enhance 5G and 4G network capabilities.

Nokia has acquired Rapid's API marketplace and R&D unit, aiming to boost its 5G and 4G network capabilities. This move allows Nokia to integrate networks and collaborate with developers, enhancing data exchange and functionality on advanced networks. The deal, which includes Rapid's popular API hub, is part of Nokia's strategy to expand its network API ecosystem and monetize network assets, though financial details were not disclosed.

5 months ago
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