Nokia has confirmed its acquisition of Fenix Group – a privately held company that specializes in tactical communications solutions for the defense communities.
The acquisition strengthens Nokia’s position in the defense sector by adding Fenix’s innovative c tactical communications products, including the industry-leading Banshee family and Talon MANET radios, to its existing solutions portfolio.
This expanded portfolio will allow Nokia to offer a more comprehensive suite of 3GPP-based solutions to its defense customers worldwide.
With Fenix’s established support to Defense Department programs, Nokia is now well-positioned to further expand its role as a pivotal technology provider for mission-critical needs.
Nokia and Fenix were jointly selected by the Defense Innovation Unit (DIU) in October 2021 for a program to provide ad hoc tactical private wireless communications bubbles.
Mike Loomis, President, Nokia Federal Solutions, said: “The closing of the Fenix Group acquisition marks a significant step forward in our strategy to grow our defense business, as well as our overall U.S. strategy. Together we will be even better positioned to deliver high-performance, secure and reliable solutions to our defense customers – helping them achieve mission-critical objectives.”
Dave Peterson, CEO, Fenix Group, said: “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.”
Fenix Group was previously a portfolio company of Enlightenment Capital.
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