Home Nokia to exit IP video market and sell Velocix to Volaris
 

Keywords :   


Nokia to exit IP video market and sell Velocix to Volaris

2018-09-13 10:39:00| Telecompaper Headlines

(Telecompaper) Nokia is selling the former Alcatel business Velocix and exiting the market for video delivery equipment. Toronto-based private equity group Volaris will continue its expansion in the video market with the acquisition and take over Velocix for an undisclosed sum, including the majority of Nokia's IP Video employees. 

Tags: to video market sell

Category:Telecommunications

Latest from this category

All news

16.11Dutch Apps Market - October 2018 edition
16.11Dutch TV-Video Market 2018-Q2
16.11German regulator approves 5G auction plan with increased coverage, roaming obligations
16.11FCC approves LEO satellite broadband plans for SpaceX, Telesat, LeoSat, Kepler
16.11Vivendi posts 5.6% organic revenue growth in Q3, moves ahead with Universal Music stake sale
16.11T-Mobile risks rejection of Tele2 merger after no remedies proposed
16.11ZTE eyes European expansion
16.11Ofcom cracks down on EE and Virgin Media for overcharging customers
Telecommunications »
16.11Market Planning Made Easy
16.11Know the Risks of Aerial Lifts
16.11Give Your Customers Some Holiday Cheer
16.11Technicians of the Future
16.11What's Wrong Here? Hint: In need of Room Service
16.11The Science Behind Electric Shock Drowning
16.11Prescription for Peril in the Construction Industry and Beyond
16.11Illustrated Catastrophes: Indecisive Installer
More »