Seattle-based Unium, which works with WiFi technology, has been purchased by major Finnish communications company, Nokia.
Previously called OpenRoute and then CocoCommunication, Unium began working with its technology for the Department of Defence. The startup works on a form of WiFi technology called mesh networking technology, which allows for more seamless expansion of network as needed.
“We look forward to having the Unium team join us,” President of Nokia’s Fixed Networks group, Federico Gullen said, as reported by Financial Express. “The home networking market is booming and whole-home Wi-Fi is a key enabler for this. Today’s WiFi solutions still have serious issues with sticky clients, interference, coverage gaps and capacity issues. With Unium inside, our Nokia Wi-Fi solution will deliver an unmatched user experience, going beyond what standard mesh WiFi solutions deliver today.”
The acquisition of the startup by Nokia is planned for closure within the first quarter of this year. Unium has raised a total of $26.7 million in funding through its existence as a company.
The company works to create networks using the technology and making alterations to extend and secure the network. The software used by the company evolves based on the devices being used. Nokia intends to use Unium’s technology as part of its new WiFi systems.
Nokia’s WiFi technology has a presence in 47 million homes internationally, according to the company. Unium has also seen the prominent Google Fiber as a customer for its technology.
(Picture courtesy: https://www.phonedog.com/)
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