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Nokia Acquires Twango

Nokia has acquired Twango for a reportedly $90M. Twango is a social networking site focused on media sharing (videos, photos, etc.). It will be interesting to see what changes are made to the service to better align it with Nokia’s N-series multimedia computers. I still have not signed up for the service.

“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. “When you combine a Nokia N-series multimedia computer that is always on, always connected, and always with you together with a rich media sharing destination like Twango, people will have exciting new ways to create and enjoy rich media experiences in real time.”



You can read the entire press release here.


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