Nokia acquires Rapid technology and R&D unit to strengthen development of network API solutions and ecosystem

Quick Summary:

The integration of Rapid’s industry-leading API technology with Nokia’s Network as Code platform with developer portal will enable operators to seamlessly integrate their networks, actively control API usage and exposure, enhance API lifecycle management, and collaborate with Rapid’s global developer base on its public API marketplace.

The combination of Rapid’s API technology and R&D expertise with Nokia’s scale and network and API domain expertise will enable us to expand the broader API ecosystem.” Rapid’s API technology includes a public marketplace, enterprise services, and an enterprise-grade API hub that allows companies to securely design, build, test, and share APIs across their organization and with external partners.

Enables operators to integrate their networks with Rapid’s industry-leading API Hub technology and collaborate with Rapid’s large developer base.13 November 2024Espoo, Finland — Nokia today announced that it has acquired Rapid’s technology assets, including the world’s largest API hub used by thousands of active developers globally, and its highly skilled research and development unit.

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Author / Journalist: Nokia Oyj

Category: Technology

Markets: ChinaArgentinaFinland

Topics: FI0009000681 LSE:0HAF Irish:IRSH 2050 6 Helsinki:NOKIA 4

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 14:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © GlobeNewswire

News ID: 23571651

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