Nokia to bolster home Wi-Fi portfolio with acquisition of Unium

▤ Summary

Espoo, Finland - Nokia today announced plans to acquire Unium, a US-based software company that specializes in solving complex wireless networking problems for use in mission-critical and residential Wi-Fi applications.Unium will bring Nokia field-proven, carrier-grade mesh technology that helps maximize in-home wireless networking speeds and ensures quality of experience across the entire home.Nokia and Unium are ready to unlock the full potential of the connected home, creating a residential network that understands the people, devices and applications it serves.The Unium team is excited to join Nokia and drive a unique and innovative customer experience through our intelligent Wi-Fi solution, making every customer-touch better."Factors, including risks and uncertainties that could cause these differences include, but are not limited to: 1) our ability to execute our strategy, sustain or improve the operational and financial performance of our business and correctly identify and successfully pursue business opportunities or growth; 2) general economic and market conditions and other developments in the economies where we operate; 3) our ability to achieve targeted benefits from or successfully achieve the required administrative, legal, regulatory and other conditions and implement planned transactions, as well as the liabilities related thereto; as well as the risk factors specified on pages 67 to 85 of our 2016 annual report on Form 20-F under "Operating and financial review and prospects-Risk factors" and in our other filings or documents furnished with the U.S. Securities and Exchange Commission.

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