Press Release
Unium expertise and IPR will bring field-proven mesh Wi-Fi technology to enhance Nokias end-to-end solution for whole-home Wi-Fi
Uniums intelligent mesh technology delivers industry-leading, carrier-grade Wi-Fi performance, coverage and resilience, resulting in an unsurpassed gigabit home experience
Planned purchase of privately held Unium expected to close in Q1 2018
25 February, 2018
Espoo, Finland - Nokia today announced plans to acquire Unium, a US-based software company that specializes in solving complex wireless networking problems for use in mission-critical and residential Wi-Fi applications.
Uniums software and intelligent mesh wireless technology complements and strengthens Nokias end-to-end, whole-home Wi-Fi solution and supports Nokias strategic objective of solving Wi-Fi problems in the home. Unium will bring Nokia field-proven, carrier-grade mesh technology that helps maximize in-home wireless networking speeds and ensures quality of experience across the entire home. Its underlying technology is already tested and used in a number of applications where high availability, performance and resilience is a must.
Unium looks at the network, providing a fast, frustration-free and reliable Wi-Fi experience that simply works. Its Wi-Fi home solution is plug & play and highly intuitive. New devices can easily connect to the Wi-Fi network without degrading connectivity. Fast roaming gives consumers the ability to walk around the home without service interruptions.
Uniums software offers intelligent mesh, band steering, fast roaming and a choice of Wi-Fi or Ethernet backhaul. It measures wireless performance in real time, and dynamically adjusts the network to improve the users coverage and capacity. Uniums Wi-Fi software learns the specific capabilities and performance of each device (phone, tablet, etc.) so it can optimize each connection and provide a tailored customer experience. The intelligent mesh network enables gigabit-plus capacity throughout the home.
Joining Nokia, Unium merges with a world leader in the connected home space with decades of experience in home networking and home devices, with more than 47 million home gateways installed worldwide. Nokia and Unium are ready to unlock the full potential of the connected home, creating a residential network that understands the people, devices and applications it serves. Together, they can deliver gigabit speeds not only to the home, but also throughout the home.
Federico Guill n, president of Nokias Fixed Networks business group, said: We look forward to having the Unium team join us. The home networking market is booming and whole-home Wi-Fi is a key enabler for this. Todays Wi-Fi solutions still have serious issues with sticky clients, interference, coverage gaps and capacity issues. With Unium inside, our Nokia Wi-Fi solution will deliver an unmatched user experience, going beyond what standard mesh Wi-Fi solutions deliver today.
Martha Bejar, CEO at Unium added: Nokia is a global leader in creating customer-centric solutions and is at the heart of our connected world. The Unium team is excited to join Nokia and drive a unique and innovative customer experience through our intelligent Wi-Fi solution, making every customer-touch better.
A demo of Unium software as part of Nokias whole-home Wi-Fi demo will be shown at Mobile World Congress 2018 at Nokia stand 3A10 in Hall 3.
Unium was founded in 2002 and is a privately held company located in Seattle, Washington. The planned transaction is expected to close in Q1 2018, subject to customary closing conditions.
Related links
Nokia Wi-Fi webpage
Press release: Nokia enhances in-home Wi-Fi solution for Service Providers to provide faster, better, smarter network experience
About Nokia
We create the technology to connect the world. Powered by the research and innovation of Nokia Bell Labs, we serve communications service providers, governments, large enterprises and consumers, with the industrys most complete, end-to-end portfolio of products, services and licensing.
Nokia is enabling the infrastructure for 5G and the Internet of Things, and shaping the future of technology to transform the human experience. www.nokia.com
Media Inquiries:
Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Fixed Networks Communications
Phone : +1.732.312.8476
Email: mark.provost@nokia.com
FORWARD-LOOKING STATEMENTS
It should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) expectations, plans or benefits related to changes in organizational and operational structure; B) expectations regarding restructurings, investments, capital structure optimization efforts, uses of proceeds from transactions, acquisitions and divestments and our ability to achieve the financial and operational targets set in connection with any such restructurings, investments, capital structure optimization efforts, divestments and acquisitions; and C) statements preceded by or including believe, expect, anticipate, foresee, sees, target, estimate, designed, aim, plans, intends, focus, continue, project, should, is to, will or similar expressions. These statements are based on managements best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) our ability to execute our strategy, sustain or improve the operational and financial performance of our business and correctly identify and successfully pursue business opport
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