Nokia To Acquire Mobile E-Mail, IM Provider - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Mobile
News
9/30/2008
02:29 PM
50%
50%

Nokia To Acquire Mobile E-Mail, IM Provider

The acquisition of OZ Communications is part of Nokia's larger strategy of providing more than just the handset.

Nokia said Tuesday it will acquire OZ Communications, a mobile messaging provider that delivers access to instant messaging and e-mail services.

The deal, which is for an undisclosed amount, will beef up the phone manufacturer's portfolio of messaging products. OZ specializes in providing wireless customers with fast access to IM and e-mail services from the likes of AOL, ICQ, Gmail, Windows Live Hotmail, and more.

"OZ has been working closely with Nokia since 2003 -- joining forces at this point is a natural extension of our partnership," said Jim Knapik, president and CEO of OZ, in a statement. "We are excited about taking OZ's solutions to consumers worldwide by leveraging Nokia's devices and distribution scale."

OZ said it currently has 5.5 million paid monthly users, and its services are used by wireless providers like Alltel, Rogers Wireless, Sprint Nextel, T-Mobile, and Verizon Wireless. The acquisition is expected to close in the fourth quarter, and OZ will be integrated into Nokia's services & software unit.

This latest acquisition is part of Nokia's overarching strategy to provide more than just the handset. With its Ovi platform, the phone giant is increasingly offering services and applications to provide new functionality and additional revenue.

Over the last year, Nokia has purchased Plazes and Twango to beef up its multimedia and social networking offerings, and it recently launched a music service.

Additionally, the phone manufacturer's $8.1 billion acquisition of Navteq was recently approved by regulators. This move potentially paves the way for Nokia to become a major player in the personal navigation market, as well increase the location-based functionality of the company's many handsets.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
News
How GIS Data Can Help Fix Vaccine Distribution
Jessica Davis, Senior Editor, Enterprise Apps,  2/17/2021
Commentary
Graph-Based AI Enters the Enterprise Mainstream
James Kobielus, Tech Analyst, Consultant and Author,  2/16/2021
Slideshows
11 Ways DevOps Is Evolving
Lisa Morgan, Freelance Writer,  2/18/2021
White Papers
Register for InformationWeek Newsletters
The State of Cloud Computing - Fall 2020
The State of Cloud Computing - Fall 2020
Download this report to compare how cloud usage and spending patterns have changed in 2020, and how respondents think they'll evolve over the next two years.
Video
Current Issue
2021 Top Enterprise IT Trends
We've identified the key trends that are poised to impact the IT landscape in 2021. Find out why they're important and how they will affect you.
Slideshows
Flash Poll