The Latest in IT Security

Nokia invests $100 million in car connectivity

05
May
2014

HELSINKI (Reuters) – Finnish mobile communications equipment maker Nokia on Monday said it had started a $100 million fund to invest in companies working on connecting cars. The fund will be run by the companys venture capital arm Nokia Growth Partners and will cooperate with Nokias location unit HERE, it said. Our new $100 million venture fund launched today further underlines our belief that the connected car is a significant growth opportunity, Nokia Chief Executive Rajeev Suri said in a statement. (Reporting by Sakari Suoninen; Editing by Jussi Rosendahl)

Comments are closed.

Categories

WEDNESDAY, SEPTEMBER 30, 2020
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments