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Nokia acquires Plazes.
- Article from:
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RCR Wireless News
- Article date:
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June 30, 2008
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Copyright informationCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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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