Nokia acquires defence comms company Fenix Group

Nokia Solutions and Networks Australia Pty Ltd

Thursday, 30 May, 2024

Nokia acquires defence comms company Fenix Group

Nokia has officially completed its acquisition of Fenix Group, a privately held company that specialises in tactical 3GPP communications solutions for the defence communities. The acquisition was originally announced in December 2023.

Previously a portfolio company of Enlightenment Capital, Fenix Group is a leading provider of innovative tactical communications products, including the Banshee product family. Its systems are designed to provide high-speed, low-latency data connections to many devices and users simultaneously, making them useful for supporting a wide range of military applications.

By adding Fenix’s broadband tactical communications products to its existing solutions portfolio, Nokia will be able to offer a more comprehensive suite of 3GPP-based solutions to its defence customers worldwide. Interoperable, 3GPP-based mobile networks that are built for data-hungry applications will play an important role in the digitalisation of military communications, according to the company.

The closing of the acquisition, including the associated Committee on Foreign Investment in the United States (CFIUS) review and approval, underscores Nokia’s commitment to being a trusted provider of secure and innovative solutions to the US Government. With Fenix’s established support to various US Department of Defense programs, Nokia is now in the position to expand its role as a pivotal technology provider for mission-critical needs.

“The closing of the Fenix Group acquisition marks a significant step forward in our strategy to grow our defence business, as well as our overall US strategy,” said Mike Loomis, President of Nokia Federal Solutions. “Fenix’s expertise in broadband tactical communications perfectly complements our existing offerings, and together we will be even better positioned to deliver high-performance, secure and reliable solutions to our defence customers, helping them achieve mission-critical objectives.”

Dave Peterson, CEO of Fenix Group, added, “We are excited to officially join forces with Nokia. By combining our innovative solutions with Nokia’s global reach and resources, we can create even greater value for our customers and make a significant impact on the future of secure military communications.”

Image credit: iStock.com/Rockfinder

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