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Nokia adds to home Wi-Fi portfolio with Unium acquisition

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Nokia adds to home Wi-Fi portfolio with Unium acquisition

Nokia Corp. plans to acquire U.S.-based privately held wireless networking technology provider Unium Inc.

The addition of Unium's software and intelligent mesh wireless technology will bolster the Finnish company's whole-home Wi-Fi portfolio. Unium's technology helps maximize in-home wireless networking speeds while optimizing every connection based on the specific capabilities and performance of each device. The intelligent mesh network enables gigabit-plus capacity throughout the home.

"The home networking market is booming and whole-home Wi-Fi is a key enabler for this," said Federico Guillén, president of Nokia's Fixed Networks business.

Financial details of the deal were not disclosed.