Finnish telecommunications giant Nokia has successfully completed its acquisition of Fenix Group, a Virginia-based defense communications specialist. This strategic move, finalized following a review by the Committee on Foreign Investment in the United States (CFIUS), marks a significant milestone in Nokia’s expansion into the defense sector.
“Fenix’s expertise in broadband tactical communications perfectly complements our existing offerings,” said Mike Loomis, President of Nokia Federal Solutions. “Together we will be even better positioned to deliver high-performance, secure, and reliable solutions to our defense customers, helping them achieve mission-critical objectives.”
Fenix Group, previously owned by Enlightenment Capital, provides cutting-edge tactical communication solutions, including the Banshee family of portable radios and Talon MANET radios, which deliver 25Mbps of bandwidth. These products will now be integrated into Nokia’s portfolio, enhancing its suite of 3GPP-based solutions designed for mission-critical defense operations.
“We are excited to officially join forces with Nokia,” remarked Dave Peterson, CEO of Fenix Group. “By combining our innovative solutions with Nokia’s global reach and resources, we can create even greater value for our customers and make a significant impact on the future of secure military communications.”
Nokia has also established a new business unit, Nokia Federal Solutions, which is supported by Nokia Bell Labs. This unit focuses on selling private cellular, edge computing, and other critical solutions to the U.S. government.
Nokia and Fenix Group have a collaborative history; in 2021, they were jointly selected by the U.S. Defense Innovation Unit (DIU) to provide tactical private wireless communications for military applications. “The mission was to provide ad hoc tactical private wireless communications bubbles. The combination of Nokia and Fenix supports the objective of bringing dual-use technology capabilities to the warfighter,” both companies stated.
The expanded tactical communications portfolio positions Nokia to meet the increasing demand for interoperable, data-rich mobile networks in military applications. The integration of Fenix’s battlefield communication products with Nokia’s private LTE/5G solutions underscores Nokia’s commitment to advancing secure and efficient military communications.
Relevant articles:
– Nokia expands defense portfolio with acquisition of Fenix Group, Breaking Defense, 05/23/2024
– Nokia completes deal for US ‘Battlefield-of-Things’ specialist Fenix Group, RCR Wireless News, 05/22/2024
– Aztec Group strengthens Executive Board with three C-suite appointments, NTB Kommunikasjon, 05/22/2024
– ROCKWOOL A/S – transactions in connection with share buy-back programme, NTB Kommunikasjon, 05/22/2024
– Nokia successfully completes acquisition of Fenix Group, accelerating U.S. strategy, Afternoon Headlines, 05/22/2024
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