Page 7 - Finland and the United States - Partners in Investment, Innovation and Trade

The Nokia Bell Labs campus in Murray Hill, New Jersey, is home to some of Nokia’s most important and thriving innovation practices.
Nokia in the United States:
Creating the Technology to Connect the World
Since its creation in 1865, Nokia has had a history of reinvention and innovation. Today, the company
has two businesses: Networks and Nokia Technologies. Nokia’s Networks business has the industry’s most comprehensive end-to-end portfolio, spanning mobile and fixed networks, IP routing and
optical networks, applications and analytics software, and services. Nokia Technologies provides consumer and professional technologies in digital health and virtual reality, and oversees Nokia’s intellectual property and brand licensing.
Nokia has deep roots in the United States, starting with the export of paper and pulp to the country before the 1920s. Eventually, Nokia expanded into cable, mobile phones, satellite TV receivers, computer monitors, equipment for the
forestry and metals industries, and network infrastructure. Today, Nokia supports service providers, large enterprises, the public sector and consumers in meeting their extensive communication needs through technology ranging from ultra- broadband technologies such as LTE
and 5G, to the Internet of Things, cloud computing, digital health, and digital media.
The acquisition of Alcatel-Lucent
in 2016 substantially strengthened Nokia’s U.S. foothold, with the company now having around 13,500 employees and net sales of USD 7.7 billion in the country. Other recent acquisitions in the United States include Gainspeed, an expert in distributed access architecture solutions for the cable industry, and Deepfield, a real-time analytics leader for IP network performance management
and security. Other key developments for Nokia in the country include the patent licensing and business cooperation agreement signed with Apple in 2017.
Nokia: Inventing the future
Nokia Bell Labs, headquartered in New Jersey, is Nokia’s renowned research
and development engine supporting next generation networks. Meanwhile, Silicon Valley serves as Nokia Technologies’ hub for immersive technology development. These innovation powerhouses drive Nokia’s continued evolution and disruption of global communications.
www.nokia.com
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Photo: NOKIA