Nokia eyeing acquisition of Twango
Aiming to strengthen its corporate and multimedia offering through acquisitions, top mobile phone maker Nokia is very interested to buy Twango, a photo-sharing social networking Website. However, price is not yet disclosed.
“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.
Introduced in 2004, Twango lags behind popular sites like Flickr, PhotoBucket, and YouTube based on data from Hitwise and Alexa.
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