Nokia acquires Rapid, API company once valued at $1B

Nokia acquires Rapid’s technology assets to enhance network API development
This acquisition aligns with Nokia's strategy to expand its network API product road map. Credit: Mercurious/Shutterstock. Finnish technology giant Nokia has acquired Rapid's technology assets, including its API hub, to bolster its network API solutions.
Nokia acquires Rapid, the API company once valued at $1B
Nokia, once the world's biggest mobile phone company but now mainly a provider of infrastructure and services to telecoms carriers, has made an
Nokia buys world's largest API hub from Rapid to cash in on 5G
Nokia said on Wednesday it had bought the world's largest application programming interface (API) hub and marketplace from U.S. company Rapid as it seeks to boost revenues from its 5G and 4G networks.
Will the Buyout of Rapid's API Technology Boost Nokia's Stock Growth?
Nokia Corporation NOK recently announced that it has completed the acquisition of Rapid’s API technology assets for an undisclosed amount. Rapid’s industry-leading API technology includes the world's largest application programming interface (API) hub,
Nokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystem
Press ReleaseNokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystem Strengthens
Nokia strengthens API push with Rapid buy
Nokia sealed a deal to acquire ICT company Rapid’s technology assets including its API hub and Research and development unit.
Nokia acquisition strengthens the development of network API ecosystem
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