Nokia acquiring cellity

Tools

Nokia announced an agreement to acquire mobile software firm cellity. Financial terms of the deal were not disclosed. According to Nokia, the deal promises to bolster its social networking competencies--cellity's Address 2.0 solution enables users to import all their contact data from a wide variety of sources (e.g., cellphone address books, Outlook, Twitter and social networks) and store it in one place, simplifying voice and data connections across the mobile and web platforms.

All 14 staffers in cellity's Hamburg, Germany office will join Nokia's Services unit, although cellity's existing service will not transfer to Nokia and will be discontinued. The two firms expect the agreement to close in the third quarter of 2009.

For more on the Nokia/cellity agreement:
- read this release

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