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Nokia buys base station energy solutions start-up
October 5, 2016 / 5:56 AM / a year ago

Nokia buys base station energy solutions start-up

HELSINKI (Reuters) - Telecoms network maker Nokia said on Wednesday it had acquired Eta Devices, a U.S.-based start-up specializing in power amplifier efficiency solutions for network base stations.

Headquarters of Finnish telecommunication network company Nokia are pictured in Espoo, Finland August 4, 2016. Lehtikuva/Irene Stachon/via REUTERS/Files

“Eta Devices will bolster Nokia’s push to enhance base station energy efficiency, an increasingly important area for operators on the path to 4.9G and 5G,” the company said in a statement.

Financial terms of the deal were not disclosed.

Eta Devices is a private start-up founded in 2010. The company is headquartered in Cambridge, Massachusetts, in United States, and has a research and development office in Stockholm, Sweden.

Reporting by Tuomas Forsell; editing by Niklas Pollard

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