Nokia phone maker acquires cybersecurity firm Valona Labs

Helsinki: HMD Global, the home of Nokia phones, on Thursday announced it has acquired assets of mobile, enterprise and cybersecurity software firm Valona Labs for an undisclosed amount.

The acquisition of new asset may further build upon the company’s reputation as a global leader in smartphone software updates and security.

“As a company that believes every phone should be built upon the foundations of security, reliability and dependability, we are proud to announce the acquisition of assets of Valona Labs – a renowned and trusted mobile software business,” Juho Sarvikas, Chief Product Officer, HMD Global, said in a statement.