tiprankstipranks
Trending News
More News >

Lumine Group Acquires Nokia’s Tech Units

Lumine Group Acquires Nokia’s Tech Units

Lumine Group Inc (TSE:LMN) has released an update.

Confident Investing Starts Here:

Lumine Group Inc., known for its long-term acquisition strategy in the communications and media software sectors, has completed the purchase of Nokia’s Device Management and Service Management Platform Businesses. The deal, valued at up to €185 million, includes a potential €35 million performance-based add-on. The acquired businesses will be rebranded as ‘Motive’ and will function as an independent entity within Lumine Group.

For further insights into TSE:LMN stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App