Nokia Purchases Plazes

Finland and Germany came together to hold hands today as Nokia acquired Berlin-based Plazes, a small social networking company. The price was not made known to the public.

Plazes utilizes “place” and “time” in its mobile social networking, with features that allow you to alert friends of your activity and location; review your own and others’ previous activities; share your experiences and make plans with friends, who are then able to respond with their own location information along with comments.

Most who are familiar with the acquisition say that Plazes will fit in quite well with Nokia, as the company seems to have the same vision and outlook. It will play well in their strategy over the next few years.

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via TechCrunch

Author: Brad Molen

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