In a move to further focus on software technology, Nokia says it has offered to acquire software company Comptel for some 347 million euros ($370 million).
The Finland-based telecom networks provider says the cash deal is aimed at providing communications and digital services "across physical, virtual and hybrid networks."
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Nokia said Thursday that Comptel, an international software company based in Helsinki and a longtime partner of Nokia, processes some 20 percent of the world's daily mobile usage data with more than 2 billion end users.
Nokia has increasingly expanded into software technology since becoming one of the leading network providers after last year's purchase of the French-U.S. Alcatel-Lucent.
Nokia, once the world's No.1 mobile phone maker, sold off its ailing cellphone division to Microsoft in 2014.