Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) announced that it has completed the acquisition of Mesaplexx Pty Limited, to advance its radio capabilities in the network sector. The Australian company has deep expertise in developing compact, high-performance radio frequency filter technology for the mobile industry.
“The Nokia Flexi family of radio access base stations offers cutting-edge solutions that balance energy efficiency, power output and form factor,” the Finnish company said in a statement, and added that integrating technology can further advance Nokia’s segment, reducing small cells form factor by 30% or more.
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Increasing focus on radio system
Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is working towards enhancing its radio system by reducing the size, weight of units and increasing efficiency.
Marc Rouanne, Nokia Executive Vice President of Mobile Broadband, said that companies with radio technology are aware of the fact that there has been immense progress over the past years in this area, with yet more potential for substantial improvements. Radio frequency filters are an important part of every base station to enable tspectrum sharing within the same geographical area and to enable the antenna to serve for both transmit and receive purposes.
According to Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V), Mesaplexx will increase the radio performance along with creating a higher capacity and more efficient networks. Furthermore, the technology will help in bringing down the overall cost and power consumption by keeping the radio signal loss to a minimum.
Nokia shares reflect investors’ confidence
Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) shares are trading high these days as number of analysts and credit rating agencies have upgraded the firm. Nokia’s treasure is its patent portfolio and mapping services. Credit rating agencies such as Moody’s, Standard&Poor and Fitch have also upgraded the long-term debt credit and outlook rating. On the investment front, equity research firms like Jefferies have upgraded the shares from Hold to Buy.
The company also recently entered into a “technology collaboration agreement” with HTC. At present, the Taiwanese phone maker has a 3% share of the global smartphone market, but the agreement is very important from Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V)’s point of view as it would provide an edge over Google’s Android operating system.
To improve its HERE technology, the Finnish company also acquired Desti on May 30th, a firm specializing in artificial technology and natural language processing for contextual search. The move comes as the company aims to be a key player in the arena, posing competition for Google Inc and Yelp Inc.