Credit: Mercurious/Shutterstock. Finnish technology giant Nokia has acquired Rapid's technology assets, including its API hub, to bolster its network API solutions. Financial terms of the transaction, which also includes Rapid's research and development (R ...

Nokia, once the world's biggest mobile phone company but now mainly provider of infrastructure and services to telecoms carriers, has made an acquisition in its bid to be a bridge between the worlds of tech and telecoms: it's acquiring Rapid,

Nokia said on Wednesday it had bought the world's largest application programming interface (API) hub and marketplace from U.S. company Rapid as it seeks to boost revenues from its 5G and 4G networks.