Nokia, the world's largest cell phone maker, said today that it acquired the media sharing website Twango for an undisclosed price.
The Espoo, Finland-based cell phone giant said the purchase will bolster its already existing portfolio of internet services assessable from mobile phones.
The Twango acquisition is a concrete step towards our Internet services vision of providing seamless access to information, entertainment, and social networks - at anytime, anywhere, from any connected device, in any way that you choose, said Anssi Vanjoki, Executive Vice President and General Manager, Multimedia, Nokia.
Twango, a privately-owned company founded by former Microsoft employees, is headquartered in Redmond, Washington. The company developed a platform to organize, share and republish videos and photos using phones and computers.
Last year, Nokia bought Seattle-based Loudeye, a digital audio company, for $60 million in cash. It also acquired Gate5, a German firm that develops mapping, routing and navigation software.