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Nokia Networks-Intel to Unveil R&D Center in UK - Analyst Blog

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Reportedly, Nokia Networks - the core business wing of Nokia Corporation ( NOK ) - and Intel Corporation ( INTC ) are jointly launching a new Research & Development (R&D) facility in Bath, UK.

This R&D center will provide resources and capabilities to aid the development of new mobile broadband applications and services that are based on Nokia Networks' Liquid Applications as well as its AppFactory. The solution will be supported by Intel technology-based servers.

Liquid technology is a software solution for network infrastructure that drastically reduces the need for dedicated hardware. In Mar 2014, Nokia Networks improved its liquid technology by adding more location-aware capabilities to its base stations. The company collaborated with ChinaCache to enhance its liquid applications.

According to Nokia, mobile network operator and Internet service provider, EE, will be the first company to benefit from this innovation center. Besides testing the solution, EE plans to offer connectivity through its own live LTE network to help the initiative proceed smoothly.

We believe this innovation center will help Nokia strengthen its market share in the UK through the development of Liquid Applications. Like EE, all other operators in the country will be able to benefit from Nokia Networks and Intel's R&D facility. Post-divestiture of Nokia's mobile phone business to Microsoft Corp., Nokia Networks now functions as the chief business division of the company.

Nokia currently bears a Zacks Rank #3 (Hold).

Other Stocks to Consider

Stocks worth considering in the wireless industry include DragonWave Inc. ( DRWI ), and Aruba Networks, Inc. ( ARUN ). Both the stocks hold a Zacks Rank #2 (Buy).

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INTEL CORP (INTC): Free Stock Analysis Report

NOKIA CP-ADR A (NOK): Free Stock Analysis Report

ARUBA NETWORKS (ARUN): Free Stock Analysis Report

DRAGONWAVE INC (DRWI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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