Announced

Completed

Cygna Labs completed the acquisition of DDI business unit of Nokia.

Synopsis

Cygna Labs, a software developer, completed the acquisition of DDI business unit of Nokia, a Finnish multinational communications corporation. Financial terms were not disclosed. “The continued adoption of cloud computing services by enterprises remains a key driver for the DDI market. Enterprise networks have become more distributed than ever, and business-critical applications that organizations rely on are increasingly being hosted in the cloud. The addition of VitalQIP to our DDI offerings ensures our existing and new customers have access to the most comprehensive selection of DDI solutions and DDI managed services in the world,” Alexander Haecker, Cygna Labs CEO.

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