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Nokia Acquires Twango for $96.8 M

Filed in archive Mobile Content by leo on July 25, 2007

twango.jpg
Mobile phone manufacturer Nokia has acquired social media sharing site, Twango, for $96.8 million.

This acquisition will help to seamlessly facilitate sharing of content between mobile devices and desktops. According to their press release:
"The Twango acquisition is a concrete step towards our consumer Internet services vision of providing seamless access to information, entertainment, and social networks - at any time, anywhere, from any connected device, in any way that you choose. We have the most complete suite of connected multimedia experiences including music, navigation, games, and - with the Twango acquisition - photos, videos, and a variety of document types," said Anssi Vanjoki, Executive Vice President and General Manager, Multimedia, Nokia.
Recently Nokia has introduced a new company structure to improve speed to market and ensure greater effectiveness.

Via MobHappy


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