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Eurobites: Vodafone, Huawei Target the Enterprise

Also in today's EMEA regional roundup: Slovenian sale slipping away; LG granted Nokia smartphone license; IoT startup raises $25 million.

  • Huawei Technologies Co. Ltd. has formed a strategic alliance with Vodafone Group plc (NYSE: VOD)'s Global Enterprise unit, with a focus on the enterprise market in Europe, Africa and Asia-Pacific. Initial areas of collaboration include the use of Huawei's fixed/mobile convergence capabilities, in-building coverage offerings, M2M, Internet of Things and cloud data centers. (See Huawei Strikes Strategic Alliance With Vodafone Global Enterprise.)

  • Slovenian authorities were reported to have rejected a new bid for Telekom Slovenije from investment group Cinven Ltd. , claiming the sale posed too great a risk. According to Bloomberg, Cinven has blamed a regulatory dispute in Macedonia, where Telekom Slovenije is present, for the setback. The investment group was said to have previously amended its offer to reflect concern over the situation in Macedonia. Telekom Slovenije is one of several state-owned assets the current administration has put up for sale, but there is now concern a deal may fall through entirely.

  • South Korea's LG Electronics Inc. (London: LGLD; Korea: 6657.KS) has become Nokia Corp. (NYSE: NOK)'s first major smartphone patent licensee since the Finnish company sold its devices business to software giant Microsoft last year. Nokia says that about 60 organizations are now licensing its 2G, 3G and 4G technologies. The company still generates the bulk of its revenues from its Networks business but is optimistic the Technologies division, which is responsible for R&D and licensing activities, can become a major contributor to sales in future.

  • IoT specialist Actility has raised US$25 million in a funding round led by Ginko Ventures, KPN Telecom NV (NYSE: KPN), Orange (NYSE: FTE), Swisscom AG (NYSE: SCM) and Foxconn Electronics Inc. It will use the money to launch its ThingPark IoT platform, a Low Power Wide Area (LPWA) radio network built on the LoRaWAN standard. (See IoT Specialist Actility Raises $25M.)

    — Paul Rainford, Assistant Editor, Europe, Light Reading

  • nasimson 6/30/2015 | 11:35:44 AM
    an IoT platform that does more than M2M business > It will use the money to launch its ThingPark IoT platform, ..

    IoT Platforms are the NEXT big thing in IoT. Currently this space is dominated by likes of Ericsson's DCP and Jasper's M2M Platform. But market is just right for the disruptors like Acitility to innovate to bring an IoT platform that does more than M2M business and amaze the world!
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