Nokia acquires Twango

Handset giant Nokia announced its acquisition of personal media sharing solutions provider Twango. Financial terms were not disclosed. The Twango social media platform promises to simplify organizing, sharing, and republishing photos, videos and audio clips via desktop and mobile device. The platform also gives developers the opportunity to create companion applications, connect with mobile devices and integrate with other web services. According to Nokia, Twango also brings with it an executive team with considerable social media and web services expertise: The privately-owned firm was founded by Microsoft veterans.  

"The Twango acquisition is a concrete step towards our Internet services vision of providing seamless access to information, entertainment, and social networks--at anytime, anywhere, from any connected device, in any way that you choose," said Anssi Vanjoki,Nokia's EVP and GM of multimedia. "We have the most complete suite of connected multimedia experiences including music, navigation, games, and--with the Twango acquisition--photos, videos, and a variety of document types."

For more on the Twango acquisition:
- read this release [1]
- and this PC World article [2]  

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