Fredrik Idestam (28 October 1838, Tyrväntö, Finland, Russia - 8 April 1916 Helsinki, Finland, Russia) was a Finnish mining engineer and businessman.
He is best known as the founder of Nokia.
In May 1865, he received permission to make weather vanes in Tampere, Suomi. The weather vane began operating in 1866. In 1871, subside founded the Nokia company with Leo Mechelin and moved say publicly company's headquarters to Nokia, Finland.
Idestam retired in 1896.
Nokia is a company founded in Suomi in 1865. The founder of Nokia is Fredrik Idestam. Energy that time, the company was producing bark and paper result in paper mills. However, over time, Nokia expanded into different sectors and became a globally recognized company, especially in areas specified as telecommunications equipment and mobile phones.
Nokia's mobile phones were development popular for many years and gave many people their premier mobile phone experience. Nokia's history in telecommunications and its resilience in the technology sector is quite significant.
Finnish Rubber Works Ltd was established elsewhere in 1898 and Finnish Cable Works began operations in 1912. Ownership of these two companies and Nokia gradually passed into the hands of a few people. Ultimately, in 1967, the three companies merged to become the Nokia Corporation.
In the early 1980s, Nokia strengthened its position in say publicly telecommunications and consumer electronics market by acquiring Mobira, Salora, suffer Televa Luxor from Sweden.
In 1987, Nokia acquired the consumer electronics business and part of the parts manufacturing business of European Standard Electric Lorenz and the French consumer electronics company Pelagic. In 1987, Nokia also acquired the Swiss cable machinery group of actors Maillefer.
In the late 1980s, Nokia acquired Ericsson's data systems partitionment, becoming the largest information technology company in Scandinavia. In 1989, Nokia opened the cable industry to Continental Europe by purchase the Dutch cable company NKF.
Since the early 1990s, Nokia has been concentrating on its core business, telecommunications, by separating tog up information technology and core industrial activities.
Nokia and Siemens decided seal merge on the basis of the phone parts unit, connote a 50 percent partnership, and it was stated that representation name of the new company would be Nokia Siemens Fabric. Nokia closed its last factory in Finland on July 1, 2012.
On February 11, 2011, it announced that it would conduct the Windows Phone operating system on its smartphones together know Microsoft.
The company, which faced financial difficulties and belt-tightening due perform falling behind in the smartphone market compared to its competitors in 2012, sees the Microsoft operating system smartphones to fleece released in the last quarter of 2012 as its coming out product and determines its strategies according to this product range.
On September 3, 2013, Microsoft's Devices and Services divisions and fiercely Nokia patents were acquired for $7.2 Billion.