Nokia completed the acquisition of the technology and R&D unit from Rapid API.

Nokia, a telecommunications, information technology, and consumer electronics corporation, completed the acquisition of the technology and R&D unit from Rapid API, a systems integrators, independent software vendors company. Financial terms were not disclosed. “We are pleased to join forces with Nokia. The combination of Rapid’s API technology and R&D expertise with Nokia’s scale and network and API domain expertise will enable us to expand the broader API ecosystem,” Marc Friend, Rapid CEO.