Nokia, the world's top mobile phone maker, would buy U.S.-based photo-sharing social networking site Twango in order to help mobile phone users better organize wireless downloads and ease connections between handsets and desktop computers, media reported Wednesday.
But the company did not disclose the price of the coming deal.
Nokia has increased its acquisitions under Chief Executive Olli-Pekka Kallasvuo, who took over in June 2006. Kallasvuo has said the firm is looking to acquire more companies to strengthen its multimedia and corporate offering.
"The Twango acquisition is a concrete step towards our Internet services vision of providing seamless access to information, entertainment, and social networks," Anssi Vanjoki, head of Nokia's multimedia unit said in a statement.
"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," he said.
Twango was founded in 2004. U.S. traffic data from measurement firms Hitwise and Quantcast and global data from Alexa.com show it has found little audience so far compared to sites like YouTube, PhotoBucket or Flickr.
Source:Xinhua/Agencies
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