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Nokia Completes Plazes Acquisition, Eyes Next-Gen Internet

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July 15, 2008

Nokia Completes Plazes Acquisition, Eyes Next-Gen Internet



By Anil Sharma
TMCnet Contributing Editor

Nokia (News - Alert) says its completed an acquisition of Plazes, a privately owned start-up company of 13 people with its principal operations in Berlin.

 
The deal was initially announced last month.
 
With the acquisition, Nokia says it may be able to extend its context-based service offering with social presence and time-based activity planning features.
 
Nokia is a major player in mobility, driving the transformation and growth of the converging Internet and communications industries, according to the company.
 
The company makes a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Developing and growing offering of consumer Internet services, as well as enterprise solutions and software, is a key area of focus, according to the company. The company also provides equipment, solutions and services for communications networks through Nokia Siemens (News - Alert) Networks.
 
Nokia earlier this month had announced that it has completed its acquisition of NAVTEQ (News - Alert), a provider of comprehensive digital map information, company officials say.
 
As part of Nokia, NAVTEQ will continue to develop its world-class expertise in the navigation industry, service its strong customer base, and invest in the further development of its industry-leading map data and technology platform, company officials say.
 
It will continue to build out and expand coverage of countries already included in its database as well as add new pieces of both static and dynamic content, they say.
 
Powered by NAVTEQ”s industry leading maps data, Nokia says it will redefine the Internet and connected experiences by adding context to Web services optimized for mobility. By bringing context to Internet services, Nokia aims to lead the next generation of Web innovation.
 
Anil Sharma is a contributing editor for TMCnet. To read more of Anil’s articles, please visit his columnist page.
 
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