Nokia revealed its plans on Thursday to acquire Comptel for $370 million. Nokia says the acquisition is part of the company’s strategy to build a standalone software business at scale. The company reported Comptel would “bolster Nokia’s software portfolio by adding critical solutions for catalogue-driven service orchestration and fulfillment, intelligent data processing, customer engagement, and agile service monetization.”
Notably, Nokia points out that the combination of its own Service Assurance portfolio with Comptel’s Service Orchestration assets would allow Nokia to provide its customers with end-to-end orchestration of network function virtualization (NFV) and software defined networking (SDN) deployments.
“The timing of the Comptel purchase is important as our customers are changing the way they build and operate their networks,” Bhaskar Gorti, president of Nokia’s Applications and Analytics business group says. “They are turning to software to provide more intelligence, automate more of their operations, and realize the efficiency gains that virtualization promises. We want to help them by offering one of the industry’s broadest and most advanced portfolios. Comptel helps us do that.”
