Nokia Buys Novarra

Nokia is to acquire Novarra, which provides a mobile browser and service platform. Nokia says it will use Novarra's platform to deliver enhanced Internet experiences on Nokia mobile devices. Novarras platform is deployed with a number of mobile operator and nternet services customers globally.

Nokia adds that it expects a new service offering utilizing the Novarra technology platform to be available later this year. The acquisition is expected to close in the second quarter of 2010, and is subject to the customary closing conditions, including regulatory reviews. Following the acquisition, Novarra will become a wholly-owned subsidiary of Nokia.

"Connecting the next billion consumers to the internet will happen primarily on mobile devices, and delivering an optimized Internet experience on our devices is core to our mission," says Niklas Savander, Executive Vice President, Services at Nokia. By driving innovation in all segments of our portfolio, we are building one of the largest consumer audiences for web services and content. Novarra's Internet services technology delivered on the world's most widely-used mobile platform, Nokia's Series 40, will help us achieve this."