Nokia acquires Rapid, the API company once valued at $1B
NOKNokia(NOK) TechCrunch·2024-11-13 23:09

Nokia, the company that once was the biggest mobile phone company in the world, has made an interesting acquisition in its bid to be a bridge between the adjacent but very different worlds of tech and telecoms: it’s acquiring Rapid, formerly known as RapidAPI, a provider of an API marketplace, which it will be integrating into a platform it’s building to help 5G operators open their networks to more developers. Terms of the deal are not being disclosed in the deal announcement. Rapid was once valued at $1 b ...