Anite buys £27m Finnish 4G firm

Software group Anite yesterday announced the €31m (£26.6m) acquisition of a Finnish network testing business, Propism. The deal will improve Anite’s standing in the telecoms market as network firms roll out 4G technology across the country. Anite has grown rapidly in the last year as telecoms firms invest in infrastructure in anticipation of a launch of 4G services in the summer.