Nokia Buys World’s Largest API Hub to Expand 5G Opportunities

Nokia buys Rapid's API hub to enhance 5G networks, manage APIs, and lead in next-gen telecom solutions.

Nokia Buys World’s Largest API Hub to Expand 5G Opportunities

Nokia has acquired the world’s largest API hub and marketplace from U.S.-based Rapid. This acquisition strengthens Nokia’s position in 5G and 4G markets, enhancing its ability to drive revenue growth. By integrating Rapid’s technology and research units, Nokia will enable seamless network management, API control, and collaboration with developers globally.

APIs, essential for enabling smooth communication between software systems, play a vital role in advanced 5G networks. They allow faster, safer, and more precise data access, improving functionality like location tracking and connectivity insights. Nokia’s strategic move highlights its commitment to monetizing 5G infrastructure while staying ahead in innovation-driven telecom solutions.

As 5G adoption accelerates worldwide, APIs provide a crucial foundation for network agility and AI-powered advancements. Nokia aims to diversify its market, attract investments, and deliver value through improved network integration tools.

Though the financial terms remain undisclosed, this deal underlines Nokia’s focus on leading in next-generation telecom technologies. This acquisition could help Nokia stand out as a pioneer in developing robust solutions for the 5G ecosystem.




Scroll to Top