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Nokia Celebrates 150th Anniversary

Nokia phones are gone but not Nokia brand in other fields.  Nokia today is celebrating its 150th anniversary, which began as a pulp mill in southwestern Finland in the 19th century, rose to global prominence thanks to its prescience and prowess in mobility, and now has set its sights on the human possibilities of a connected world.

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“Today is a moment for all Nokia employees, and indeed all people who have been touched by Nokia over the years, to celebrate a truly significant milestone in the company’s history,” Nokia President and CEO Rajeev Suri said.

The Nokia company witnessed two major development in recent years: the purchase of Siemens’ share of what was then Nokia Siemens Networks in 2013, followed by the sale in 2014 of substantially all of the Mobile phones and Services business to Microsoft.

Nokia currently has three powerful businesses, each a leader in its respective field. Nokia Networks holds leading positions in most segments where it competes, including 4G; HERE is by far the strongest player in mapping services for the automotive industry; and Nokia Technologies continues to build and license one of the strongest and broadest patent portfolios.

To expand its global footprints, Nokia has announced the next step in its transformation on April 15, 2015: the combination with Alcatel-Lucent to create an innovation leader in next generation technology and services for an IP connected world. Planning for this transaction is already underway, and the company continues to expect it to close in the first half of 2016.



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