Thursday, March 25, 2010

Nokia to Acquire Novarra for Mobile Browser and Services Platform

Nokia agreed to acquire 100% of the outstanding shares of Novarra, a privately-held company based in Chicago that offers a mobile browser and service platform. Novarra has more than 100 employees.

Nokia expects a new service offering utilizing the Novarra technology platform to be available later this year.

"Connecting the next billion consumers to the Internet will happen primarily on mobile devices," said Niklas Savander, Executive Vice President, Services, Nokia, "and delivering an optimized internet experience on our devices is core to our mission. By driving innovation in all segments of our portfolio, we are building one of the largest consumer audiences for web services and content. Novarra's Internet services technology delivered on the world's most widely-used mobile platform, Nokia's Series 40, will help us achieve this."

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