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The 3 Most Undervalued Under-$20 Stocks to Buy in May 2024

The 3 Most Undervalued Under-$20 Stocks to Buy in May 2024
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Nokia announces deal to sell Device Management and Service Management Platform businesses to Lumine Group

Nokia announces deal to sell Device Management and Service Management Platform businesses to Lumine Group
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David sharpleyRaghav sahgalCygna labs corpNokia core networkNetwork servicesLumine group incService management platformLumine groupRed hatDevice managementGroup president

Nokia to sell businesses to Lumine Group

Nokia has reached an agreement under which Lumine Group Inc. will buy the Finnish company s Device Management (DM) and Service Management Platform (SMP) businesses.

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Nokia to Sell Device and Service Management Platforms to Lumine Group

Nokia to Sell Device and Service Management Platforms to Lumine Group
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David sharpleyRaghav sahgalNokia core networkCygna labs corpService management platformRed hatNetwork servicesLumine groupDevice managementGroup president

Nokia to sell Device Management, Service Management Platform businesses to Lumine Group for $203 1 mn, ET Telecom

Approximately 500 Nokia Device Management and Service Management Platform employees are expected to transfer to Lumine Group as part of the deal, the statement added. The deal is expected to close in Q1 2024, subject to necessary approvals.

Raghav sahgalDavid sharpleyNokia core networkLumine groupCygna labs corpLumine group incNetwork servicesService management platformRed hatNokia device managementDevice managementGroup presidentLumine groupRed hatElecom newsOkia cloud and network services