August 3, 2020
DAILY BRIEF: Hands-on learning, industry, gaming acquisition, telecom and happy workplaces
Kide Science supports young children's learning with real science experiments and storytelling.
All the daily Finnish business news that works: Kide Science, Sanako, Reactored, KONE, Double Star, Nokia, Treon, Vincit and Framery make headlines.
KONE lands a new order in China, Double Star is acquired, Nokia collaborates on 5G and more, Kide Science, Sanako and Reactored announce new edtech deals, Treon teams up with Schaeffler, and Vincit and Framery are listed among the best workplaces for innovators.
Finnish company KONE will deliver 107 escalators to the first phase of the new Metro Line R2 in Jinan, the capital of the Shandong province in eastern China. Jinan opened its first metro line as recently as in 2019, having previously served as a major bus transport hub. Projected to become the east-to-west backbone of Jinan Rail Transit, Metro Line R2 will be 36.4 kilometres in length and have 19 stations. KONE will equip 10 of the stations with escalators and provide two years of standard maintenance.
Finnish game studio Double Star has been acquired by Huuuge Games for an undisclosed sum. Funded in late 2019 by industry veterans Tuomas Erikoinen and Petri Räsänen, Double Star is best known for its casual role-playing game Bow Land, which Huuuge Games helped to release. The deal will also strengthen Huuuge Games’ presence in Finland with an office in Helsinki. The international games developer and publisher employs over 600 people and has offices in Poland, Israel, Germany and the US.
Finnish company Nokia is supporting network deployments and capabilities with a range of partners around the world. In the US, Nokia will deploy its AirScale mmWave radio products with Cloud RAN capabilities to support U.S. Cellular’s customers with 5G and Internet of Things services. Nokia has also partnered with Vivo in Brazil to provide private LTE wireless services to Vale’s Carajás mine to support the deployment of autonomous equipment, such as ore trucks and drill rigs. Finally, Ooredoo Qatar has launched its 5G commercial services, which are powered by Nokia’s cloud-native 5G core network.
Finnish early-childhood education company Kide Science has closed its first deal in Kosovo with the Finnish School of Kosovo, which will introduce its programme for 3–6-year-olds. Kide Science develops young children’s scientific thinking through a playful learning model that uses hands-on science experiments and storytelling. Meanwhile, Finnish edtech companies Sanako and Reactored have expanded their strategic partnership to include Oxford Education, which will help to bring the innovative language learning platform to more students worldwide, especially in Mexico and Latin America.
Finnish technology company Treon has provided a key element to Schaeffler’s new OPTIME condition monitoring solution. Schaeffler is a leading global automotive and industrial supplier, and its solution offers comprehensive, automated and cost-effective condition monitoring for all indirectly process-critical assets across entire machine and equipment parks. The IoT solution uses the Treon Gateway platform that has the ability to connect hundreds of devices to the cloud.
Finnish companies Vincit and Framery have made it onto Fast Company’s Best Workplace for Innovators 2020 index. Read more about it in our breaking news article by clicking the headline.
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