Nokia acquires Rapid, the API company once valued at $1B
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Nokia has acquired Rapid, an API marketplace provider, to integrate into its platform for 5G operators, aiming to bridge tech and telecom sectors.
November 13, 2024 | 3:30 pm
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Nokia has acquired Rapid, an API marketplace provider, to enhance its 5G platform, aiming to bridge the tech and telecom sectors.
The acquisition of Rapid by Nokia is a strategic move to enhance its 5G platform, which could attract more developers and potentially increase its market share in the telecom sector. This is likely to have a positive short-term impact on Nokia's stock price.
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