By Editorial Team (Wednesday, 25th July 2007)
Mobile phone manufacturer Nokia has purchased a little-known internet photo-sharing service called Twango, it has emerged.
Set up by former Microsoft engineers in 2004, the Washington-based company is thought to have impressed Nokia with its innovative technology, which is thought to be particularly compatible for use on mobile phones.
The acquisition signals Nokia's willingness to take on the might of social networking and sharing sites such as MySpace, Facebook and YouTube, with the Finnish firm looking to expand its multimedia operations in order to offer a range of content on its phones, the Independent reports.
"We have the most complete suite of connected multimedia experiences including music, navigation, games, and - with the Twango acquisition - photos, videos and a variety of document types," said Olli Pekka Kallasvuo, Nokia chief executive.
"It's really exciting to imagine what we can achieve by combining our social media experience with the resources of a company that has played such a major role in shaping the mobile landscape," added Twango co-founder Jim Laurel.
Last week Nokia announced the launch of a new assisted GPS service, which it claims can cut the amount of time taken for a GPS-enabled mobile device to determine its location to just one minute.
