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Nokia acquires software company

Posted: 24 Apr 2003 ?? ?Print Version ?Bookmark and Share

Keywords:nokia? eizel? server? network?

Nokia Networks has entered into an agreement to acquire Eizel Technologies, a software company, in a stock-for-stock merger at an aggregate of $21 million.

The privately-held company develops server-based products that transform e-mail messages, attachments, intranet applications, and web content into formats accessible by any mobile device on any network. Upon finalization of the purchase, Eizel will be integrated with the enterprise network security division, Nokia Internet Communications of the Nokia Ventures Organization.

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