Nokia sees clear revenue synergies from SAC Wireless acquisition

HELSINKI Mon Aug 25, 2014 8:13am EDT

A photo illustration of a man silhouetted against a Nokia logo in the central Bosnian town of Zenica January 23, 2014. REUTERS/Dado Ruvic

A photo illustration of a man silhouetted against a Nokia logo in the central Bosnian town of Zenica January 23, 2014.

Credit: Reuters/Dado Ruvic

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HELSINKI (Reuters) - Finnish telecoms network gear maker Nokia (NOK1V.HE) said on Monday that it had closed the acquisition of U.S. -based SAC Wireless and that it expected clear revenue synergies from the purchase.

About 500 SAC Wireless employees were transferred to Nokia in the deal, Nokia said, but did not disclose its value.

(Reporting by Sakari Suoninen; Editing by Jussi Rosendahl)

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