24 July 2009

Nokia To Acquire Cellity
Small German Mobile Software Company

Nokia and cellity today announced an agreement for Nokia to acquire certain assets of cellity, a small German social networking software firm which employs 14 people and is specialized in consolidating address management from different sources such as a cell phone address books, Outlook, Twitter and various other social networking services.

Nokia will acquire the cellity team to strengthen its competencies in the area of social networking. cellity's current service will not transfer to Nokia and the service will be discontinued.

cellity currently offers a solution to collect and securely store users' contacts in one place. The service is an easy way to connect people on the mobile and the web.

"cellity has a very talented and innovative team, which we are very happy to have on board at Nokia. With this acquisition, we can accelerate our service development in some of our core areas," said Christof Hellmis, Vice President, Services, Nokia.

"We are excited that Nokia has chosen our team and technology. With our experience from building social networking solutions, we can help Nokia further develop their services offering," said Nils Weitemeyer, CEO of cellity.

The agreement is subject to customary closing conditions and is expected to close in the third quarter of 2009. After closing, cellity staff will become part of Nokia's Services unit.