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Nokia acquires Plazes.

Byline: COLIN GIBBS

Nokia Corp. added another social networking business to its portfolio, acquiring Plazes AG for an undisclosed sum.

Operating primarily out of Berlin with 13 employees, Plazes offers a context-aware community that encourages users to post where they are and what they're doing. The deal is expected to close in the third quarter of 2008.

"In addition to the key assets, through this acquisition Nokia will bring on a visionary team with an advanced understanding of ...

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