Nokia completes the sale of its IP Video business

Nokia announced the successful completion of the sale of the majority of its IP Video business to Volaris Group, a Toronto-based software company. The divestment was originally announced September 13, 2018.

Nokia will remain a minority shareholder in the new pure play streaming technology company, Velocix, operating as an independent business within Volaris Group’s Communications & Media portfolio.


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Pavlos Papadopoulos

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