Nokia buys small U.S. social media firm

Fri Sep 11, 2009 3:33pm EDT
 
[-] Text [+]

HELSINKI (Reuters) - Top cell phone maker Nokia (NOK1V.HE) said on Friday it had bought assets in U.S. based social media firm Plum Ventures Inc, but did not disclose the value of the deal.

Nokia said in a statement acquired assets would strengthen its social location services.

It said the privately held Plum, which develops media sharing and messaging services, employed 10 persons and had offices in Boston and San Francisco.

(editing by John Stonestreet)

 

Small Business

Deb L. Cohen
Online retailers cater to luxury-starved buyers

Specialty websites, like Smallflower.com, are feeding Americans' entrenched desires to be good to themselves, by offering affordable luxury goods at a time when many consumers can't afford big-ticket purchases like cars, flat-screen TVs or furniture.  Full Article 

Companies In This Article

Photo

More News

UPDATE 1-Nokia buys small U.S. social media firm
Friday, 11 Sep 2009 10:11am EDT 
Nokia to skip operator tailoring for Linux phones
Wednesday, 9 Sep 2009 08:55am EDT 
LG Elec to unveil new Windows mobile phones
Thursday, 3 Sep 2009 12:04am EDT