News Article

Company News; Nokia Buys Rooftop Communications for $57 Million
Date: Sep 03, 1999
Source: New York Times ( click here to go to the source)

Featured firm in this article: Rooftop Communications Corporation of Los Altos, CA



Nokia A.B., the Finnish telecommunications equipment maker, said yesterday that it had acquired the Rooftop Communications Corporation for $57 million in a move to strengthen its capabilities in Internet protocol technology. Rooftop Communications, based in Mountain View, Calif., produces radio systems that enable high-speed wireless access to the Internet. The company employs 20 people. Nokia said the acquisition would give it additional holdings in wireless Internet access, especially in wireless Internet protocol routers.