Nokia to acquire Motally
Nokia of Espoo, Finland, signed an agreement to acquire Motally Inc., a privately-held U.S.-based company. Motally’s mobile analytics service offers in-application tracking and reporting, and is designed to enable developers and publishers to optimize the development of their mobile applications through increased understanding of how users engage. According to a press release, the service offering [...]
Nokia announces second quarter results
Nokia of Espoo, Finland, announced second-quarter 2010 results. Compared with the same period last year, sales increased 1 percent to Euro 10.0 billion (US-$ 12.87 billion); operating profit decreased 31 percent to Euro 295 million (US-$ 379.8 million), with earnings before taxes of Euro 221 million (US-$ 284.5 million) and a net profit of Euro [...]
Nokia divests MetaCarta
Nokia, Espoo, Finland, divested MetaCarta Inc. to Qbase Holdings LLC, a privately held, U.S. based company. Nokia will retain MetaCarta’s geographic intelligence technology, which it is incorporating in its local search and other services. MetaCarta serves primarily government as well as oil and gas customers. It was acquired by Nokia in April 2010.
Nokia and Yahoo! announce global strategic alliance
Yahoo! and Nokia announced a worldwide strategic alliance to extend the reach of their online services. Under the terms of the agreement, Nokia will be the exclusive, global provider of Yahoo!’s maps and navigation services, integrating Ovi Maps across Yahoo! properties, branded as “powered by Ovi”. Yahoo!, on the other hand, will become the exclusive, global [...]
Nokia announces new organizational structure
Nokia of Espoo, Finland, announced a simplified company structure for its devices and services business, which will become effective July 1, 2010. The move aims to accelerate product innovation and software execution in line with the company’s goals of integrating content, applications and services into its mobile computer, smartphone and mobile phone portfolio, the company [...]
Nokia sues Apple for infringement of patents
Nokia of Espoo, Finland, has filed a complaint against Apple with the Federal District Court in the Western District of Wisconsin, alleging that Apple iPhone and iPad 3G products infringe five important Nokia patents. According to a press release, the patents in question relate to technologies for enhanced speech and data transmission, using positioning data [...]
Nokia phone provides 12MP camera
Nokia’s upcoming phone features a 12-megapixel camera with Carl Zeiss optics, Xenon flash “and a large sensor that rivals those found in compact digital cameras,” the company claims. The camera has face recognition, and autofocus, and automatic geo-location tagging. The N8 also captures 720p HD video, and provides a phone-based “intuitive built-in editing suite.” A secondary VGA [...]
First quarter results of Nokia
Nokia Corp., Espoo, Finland, announced sales of Euro 9.5 billion (US-$ 12.7 billion) for the first quarter of 2010, up 3 percent year-on-year. The company‘s Devices & Services division recorded net sales of Euro 6.7 billion (US-$ 8.9 billion), an increase of 8 percent compared with the first quarter last year. The company‘s operating profit [...]
Nokia acquires MetaCarta Inc.
Nokia has acquired MetaCarta Inc. of Cambridge, Mass. MetaCarta is a privately owned company which employs more than 30 people and has expertise in geographic intelligence solutions. According to a press release, MetaCarta’s technology will be used in the area of local search and other services. The company combines geosearch and geotagging capabilities allowing users [...]
Nokia acquires Novarra
Nokia has signed an agreement to acquire 100 percent of the outstanding shares of Novarra Inc. of Chicago, IL, a privately-held company with more than 100 employees. Novarra is a provider of a mobile browser and service platform that will be used by Nokia to deliver enhanced Internet experiences on its mobile devices, including the [...]
