ESPOO, Finland: Nokia today announced it has signed an agreement to acquire Motally
Inc., a privately-held US-based company. Motally's mobile analytics service
offers in-application tracking and reporting, and is designed to enable
developers and publishers to optimize the development of their mobile
applications through increased understanding of how users engage. The service
offering is planned to be adapted for Qt, Symbian, Meego and Java developers,
and Nokia plans to continue serving Motally's existing customer base.
"The acquisition underpins Nokia's drive to deliver in-application and
mobile web browsing analytics to Ovi's growing, global eco-system of
developers and publishers, enabling partners to better connect with their
customers and optimize and monetize their offering," said Marco Argenti, Vice
President, Media, Nokia.
Motally currently employs a team of eight people.
The transaction is subject to customary closing conditions and is
expected to close during the third quarter of 2010.
About Nokia
At Nokia, we are committed to connecting people. We combine advanced
technology with personalized services that enable people to stay close to
what matters to them. Every day, more than 1.2 billion people connect to one
another with a Nokia device - from mobile phones to advanced smartphones and
high-performance mobile computers. Today, Nokia is integrating its devices
with innovative services through Ovi (http://www.ovi.com), including music,
maps, apps, email and more. Nokia's NAVTEQ is a leader in comprehensive
digital mapping and navigation services, while Nokia Siemens Networks
provides equipment, services and solutions for communications networks
globally.
About Motally
Motally Inc. was founded in 2008 in San Francisco and has patent-pending
technology to ensure accurate data collection and analytic reporting for
publishers' mobile sites.
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particularly in the networks infrastructure and related services business;
24) whether ongoing or any additional governmental investigations into
alleged violations of law by some former employees of Siemens AG ("Siemens")
may involve and affect the carrier-related assets and employees transferred
by Siemens to Nokia Siemens Networks; 25) any impairment of Nokia Siemens
Networks customer relationships resulting from ongoing or any additional
governmental investigations involving the Siemens carrier-related operations
transferred to Nokia Siemens Networks; as well as the risk factors specified
on pages 11-32 of Nokia's annual report Form 20-F for the year ended December
31, 2009 under Item 3D. "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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SOURCE Nokia Corporation
