HMD Global acquires Valona Labs

Nokia Phone starts R&D center in Finland

Special Correspondent

5 July, 2020 12:00 AM printer

HMD Global, the home of Nokia phones, last Thursday announced it is acquiring assets of Valona Labs and launching a brand-new Centre of Excellence in Tampere, Finland.

Combining HMD Global’s commitment to delivering secure, reliable and dependable mobile experiences with Valona Labs’ expertise in mobile, enterprise and cybersecurity software, the acquisition of assets will further build upon the company’s reputation as a global leader in smartphone software updates and security1, said a release Saturday. 

The new Centre of Excellence in Tampere will specialise in software, security and services, propelling HMD Global’s transition from a purely hardware business, to a combined hardware and services company, diversifying its intellectual property and differentiating its unique go-to-market offering.

In March this year, HMD Global entered a new service category with the launch of its global data roaming service, HMD Connect, which enables people around the world to benefit from a hassle-free data SIM.

Over the coming months, the center in Tampere will concentrate on developing this service further and begin work on other services such as remote device locking, enterprise mobility management, mobile device software security, secure network communication and black box testing. There are also ambitions to expand the scope of the center to include imaging and audio technologies in the future. The center will create an immediate need to hire new technical talent in the region and will be led by the former award-winning Head of Unit for Valona Labs, Ari Heikkinen.

Juho Sarvikas, Chief Product Officer, HMD Global, said: “As a company that believes every phone should be built upon the foundations of security, reliability and dependability, we are proud to announce the acquisition of assets of Valona Labs - a renowned and trusted mobile software business.”

 Newly appointed Senior Director of Security and Enterprise Solutions at HMD Global, Ari Heikkinen added: “We have been working closely with HMD Global for quite some time and I’m excited to announce our collaboration today as we continue to strengthen our partnership. Cybersecurity incidents have been on the rise during this global pandemic, meaning there’s no better time to increase our efforts on mobile security. ”