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Nokia completes acquisition of Network Alchemy
March 06, 2000
On February 1, 2000, Nokia announced its intention to acquire Network Alchemy upon entering into a definitive agreement to acquire the Santa Cruz, California based leading provider of Clustered IP solutions. Today, Nokia (NYSE:NOK) announced the completion of the Network Alchemy acquisition.
About Network Alchemy
Network Alchemy was founded in September 1997 to develop and market non-stop infrastructure solutions that advance the use of the Internet for secure private communications, commerce and collaboration. The founders, recognized for their innovations in the fields of TCP/IP networking, security and operating systems software, developed the industry's first secure IP clustered networking solution that delivers true scalability, high system availability and superior price performance, with no single point of failure. For more information, please visit www.network-alchemy.com
Nokia Internet Communications
Nokia Internet Communications (NIC), headquartered in Mountain View California, develops and markets products for the enterprise and managed service provider markets. These products include Nokia's unique corporate Wireless Application Protocol (WAP) software solutions, industry leading high-availability IP network platforms with integrated market-leading applications from partners including Check Point Technologies (NASDAQ:CHKP)and Websense.
About Nokia
Nokia is paving the way to the mobile information society with its innovative products and solutions. The company is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks, related services as well as multimedia terminals. In 1999, Nokia's net sales totaled EUR 19.8 billion (USD 19.9 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 55 000 people.
Contact information:
Laurie Armstrong
Nokia Internet Communications
Tel: +1 650 625 2424
laurie.armstrong@nokia.com
Deborah Mullan
Ketchum Thomas for Nokia
Tel: +1 650 596 2700
deborah@thomaspr.com
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