Nokia completed the acquisition of Alcatel-Lucent for €15.6bn.

Nokia, a Finnish multinational telecommunications, information technology, and consumer electronics corporation, completed the acquisition of Alcatel-Lucent, a multinational telecommunications equipment company, for €15.6bn. "While we have been operating as a combined company already since January 2016, we should take a moment to recognize the significance of today's news. This acquisition was smoother than many observers thought possible, and I would like to thank all our employees and partners who made it happen," Rajeev Suri, Nokia President and CEO.