NEW YORK – Oct. 7, 2026 – Global law firm Greenberg Traurig, LLP advised Inseego Corp. (NASDAQ: INSG) (Inseego) on the completion of its acquisition of Nokia’s Fixed Wireless Access (FWA) business, first announced April 30. The acquisition is expected to approximately double Inseego’s revenue and position the company as a global wireless broadband leader. By adding indoor, outdoor, and millimeter-wave FWA solutions to its wireless broadband portfolio, Inseego expands its reach across consumer and business connectivity. The transaction also extends Inseego’s footprint to carriers across Europe, the Middle East, Asia, Oceania, and the Americas, and significantly expands its engineering capabilities.
Under the terms of the acquisition and in connection with Nokia’s $10 million cash investment in Inseego, which was completed at closing, Nokia received an equity ownership stake in Inseego in the form of approximately 1.9 million shares of Inseego common stock, representing an ownership interest of approximately 11%. Nokia also received warrants to purchase an aggregate of up to 0.8 million shares of common stock at an exercise price of $4.26 per share.
In addition to the previously announced terms of the acquisition, Nokia will be providing a $10 million cash payment to Inseego by Oct. 15 in support of Inseego’s engineering investment to drive the interoperability of its device operating system and cloud platform with certain of Nokia’s technology ecosystems over the coming year.
The Greenberg Traurig team was led by Corporate Shareholders Jason T. Simon (Northern Virginia), Michael D. Helsel (New York), and Sarah Moyles (London).
Other team members included Shareholders Virginia Allen (London, Labor & Employment), David M. Greenberg (New York, Intellectual Property & Technology), Sophie Allen (London, Tax), Manish Das (London, Antitrust & Competition), Stephen M. Pepper (New York, Antitrust & Competition), Kara M. Bombach (Washington, D.C., International Trade), Keshia M. Tiemann (Atlanta, Labor & Employment), and Whitney Bly Edwards, Ph.D. (Atlanta, Labor & Employment), as well as Consultant Ewen Mitchell (London, Intellectual Property & Technology).
The team also included Of Counsels Kate Martin (London, Labor & Employment), David Hirschman (London, Corporate), Gavin Costelloe (London, Litigation), and Sonali Dohale (Washington, D.C., International Trade); Associates Yoojin Lee (New York, Corporate), Marissa Oluwadare (London, Corporate), Namrata S. Alla (New York, Corporate), Hazleen Zakaria (London, Tax), and Ricardo Crispim Leite (New York, Corporate); Consultant Rhodri Thomas (London, Labor & Employment); and Trainee Solicitor Emily Caisley (London, Banking & Financial Services).