Nokia completes acquisition of Elenion Technologies

Nokia first announced the planned acquisition of Elenion back in February 2020. The U.S. company was founded in 2014 and develops highly integrated, low-cost silicon photonics technologies for short-reach and high-performance optical interfaces and has also developed a design toolset which enables a greatly simplified, low cost, scalable manufacturing process. Elenion’s technology expertise and design platform and services will enable Nokia to expand its market footprint by addressing the critical and rapidly evolving optical connectivity requirements of 5G, cloud and enterprise networking. Ownership of these key assets brings time-to-market and cost advantages to Nokia’s portfolio of networking solutions by applying the massive scale and economies of silicon design and manufacturing to the optical supply chain.