Wednesday, June 13, 2012

Nokia to acquire Scalado for Imaging Technologies

Nokia will acquire imaging specialists as well as all technologies and intellectual property from Scalado AB for an undisclosed sum.

Scalado's portfolio includes imaging technologies for capturing, viewing, processing and sharing images. The company was founded in 2000 and is based in Lund, Sweden.

The Lund site is planned to become a key site for Nokia's imaging software for smartphones, in addition to Nokia's existing locations in Espoo and Tampere, Finland.

"Nokia has been working with Scalado for more than ten years and they've contributed to many of our leading imaging applications," said Jo Harlow, executive vice president, Smart Devices at Nokia. "This transaction would enable us to combine our leadership in camera devices with their expertise in imaging, helping people move beyond taking pictures to capturing moments and emotions and then reliving them in many different ways."

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