Nokia at 150: from pulp mill to the Programmable World

Nokia at 150: from pulp mill to the Programmable World

ID: 392457

(Thomson Reuters ONE) -


12 May, 2015

Espoo, Finland - Nokia today marked its 150(th) anniversary with employee
celebrations around the world, the perfect way to reflect on the remarkable
history of a company on the cusp of a major transformation aimed at unlocking
the opportunities of the Programmable World.

From Espoo to Beijing, Bangalore to Buenos Aires, employees gathered to toast a
company which began as a pulp mill in southwestern Finland in the 19(th)
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.

"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.

"Our history is one of change: from paper to cables, rubber boots to TVs, and
mobile phones to the Nokia of today. For 150 years we have embraced such change,
emerging stronger as a result, and our recent Alcatel-Lucent announcement marks
another such pivotal moment. We are moving forward with conviction, confidence
and humility, fully focused on realizing the potential of an increasingly
connected world," Suri said.

As a forerunner in the mobility industry, Nokia has already started the debate
about what this connected world will mean with #maketechhuman, a conversation
about technology, its role in society, and whether it truly serves humanity. The
goal is to identify opportunities and challenges created by technology, and then
shape the future in a positive direction through conversation, awareness, and
content.

The Nokia of today is the result of two major transformations carried out 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




Devices & Services business to Microsoft.

What has emerged is a strong, global technology company with 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 in our industries.

All businesses are focused on a world where almost all people and billions of
devices - 50 billion or more by 2025 - are connected; where software holds the
connections together, where analytics bring meaning, and where automation brings
simplicity and efficiency.

It is from this foundation of strength that Nokia 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. The proposed
transaction is subject to approval by Nokia's shareholders, completion of
relevant works council consultations, receipt of regulatory approvals and other
customary conditions.

About Nokia
Nokia invests in technologies important in a world where billions of devices are
connected. We are focused on three businesses: network infrastructure software,
hardware and services, which we offer through Nokia Networks; location
intelligence, which we provide through HERE; and advanced technology development
and licensing, which we pursue through Nokia Technologies. Each of these
businesses is a leader in its respective field. http://company.nokia.com

Media Enquiries
Nokia
Communications
Tel. +358 (0) 10 448 4900
Email: press.services(at)nokia.com




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: NOKIA via GlobeNewswire
[HUG#1920795]




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Bereitgestellt von Benutzer: hugin
Datum: 12.05.2015 - 08:30 Uhr
Sprache: Deutsch
News-ID 392457
Anzahl Zeichen: 4720

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