Nokia buys Comptel for $370m to add network software

Nokia buys Comptel for $370m to add network software

The Nokia headquarters is seen in Espoo, Finland | REUTERS/Mikko Stig/Lethikuva

Nokia Oyj plans to buy Comptel Oyj for 347 million euros ($370 million) to add technology that helps phone carriers manage their networks, part of a push into software and services as network-gear sales sputter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter