Espoo, Finland - Hamburg, Germany - Nokia and cellity today announced an agreement for Nokia to acquire certain assets of cellity. cellity is a privately owned mobile software company which employs 14 people in Hamburg, Germany.
Nokia will acquire the cellity team to strengthen its competencies in the area of social networking. cellity's current service will not transfer to Nokia and the service will be discontinued. cellity currently offers a solution to collect and securely store users' contacts in one place. The service is an easy way to connect people on the mobile and the web.
"cellity has a very talented and innovative team, which we are very happy to have on board at Nokia. With this acquisition, we can accelerate our service development in some of our core areas," said Christof Hellmis, Vice President, Services, Nokia.
"We are excited that Nokia has chosen our team and technology. With our experience from building social networking solutions, we can help Nokia further develop their services offering," said Nils Weitemeyer, CEO of cellity.
The agreement is subject to customary closing conditions and is expected to close in the third quarter of 2009. After closing, cellity staff will become part of Nokia's Services unit.
Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.
Founded in October 2006, Hamburg, Germany-based cellity AG offers innovative services for aggregating address book data and connects all popular communication channels. Its innovative Address book 2.0 tool enables all contact data to be imported from a wide variety of sources (cellphone address books, Outlook, Twitter, social networks) to one place. Users can access the complete feature set from the cellity Communicator 2.0 interface, including conventional telephony, short text messaging, sending emails from their cellphone, free messaging, Twitter updates, communication with social networks and phone conferencing. The cellity Communicator 2.0 can be used on any cellphone or web browser and keeps data dependably secure and synchronized.
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"Risk Factors." Other unknown or unpredictable factors or underlying assumptions subsequently proving to be incorrect could cause actual results to differ materially from those in the forward-looking statements. Nokia does not undertake any obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
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