Mobile phone manufacturer Nokia has acquired social media sharing site, Twango, for $96.8 million.



This acquisition will help to seamlessly facilitate sharing of content between mobile devices and desktops. According to their press release:

“The Twango acquisition is a concrete step towards our consumer Internet services vision of providing seamless access to information, entertainment, and social networks - at any time, anywhere, from any connected device, in any way that you choose. 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,” said Anssi Vanjoki, Executive Vice President and General Manager, Multimedia, Nokia.

Recently Nokia has introduced a new company structure to improve speed to market and ensure greater effectiveness.



Via MobHappy

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