Nokia 2007 Annual Report Download - page 31

Acquisitions
During the past few years, we have made a number of strategic acquisitions to bring us the
knowledge and technology that we believe we need to compete effectively in consumer Internet
services and enterprise solutions and software:
• In February 2006, we acquired Intellisync, a leading provider of software that enables
operators to provide mobile device management services to enterprise customers and allows
companies to selfmanage their mobile devices.
• In October 2006, we acquired Loudeye, a global leader in digital music platforms and digital
media distribution services; and gate5, a leading supplier of mapping, routing and navigation
software and services.
• In July 2007, we acquired Twango, which provides a comprehensive media sharing solution for
organizing and sharing photos, videos and other personal media. By acquiring Twango, Nokia
will be able to offer people an easy way to share multimedia content through their desktop
and mobile devices.
• In October 2007, we acquired Enpocket, a global leader in mobile advertising with technology
and services for planning, creating, executing, measuring and optimizing mobile advertising
campaigns.
• Also in October 2007, Nokia and NAVTEQ announced a definitive agreement for Nokia to
acquire NAVTEQ, a leading provider of comprehensive digital map information for automotive
navigation systems, mobile navigation devices, Internetbased mapping applications, and
government and business solutions. The NAVTEQ acquisition is still pending and subject to
customary closing conditions, including regulatory approvals. By acquiring NAVTEQ, we aim to
ensure the continued development of our context and geographical services through Nokia
Maps as we move from simple navigation to a broader range of locationbased services, such
as pedestrian navigation and targeted advertising.
• In December 2007, we acquired Avvenu, a company providing secure remote access and private
sharing technology that allows users to access and view PC files remotely.
Partnering
In December 2007, we announced Nokia Comes With Music, a program that will enable people to buy
a Nokia device with access to millions of tracks from a range of artists. Nokia Comes With Music is
expected to become commercially available in the second half of 2008.
Through December 31, 2007, Nokia reported on the following three device business segments: Mobile
Phones, Multimedia and Enterprise Solutions, each of which is described below. As of January 1, 2008,
these three segments have been replaced by an integrated business segment: Devices & Services. For
a description of our organizational structure, see “Item 4A—History and Development of the
Company—Organizational structure.”
Mobile Phones
Mobile Phones provides voice and data capabilities across a wide range of mobile devices. We
primarily target highvolume sales of mainstream mobile devices where we believe that design,
brand, ease of use and price are our customers’ most important considerations. Increasingly, our
products include new features with mass market appeal, such as megapixel cameras, music players
and navigation functionality.
Mobile Phones has five business units:
Entry, Broad Appeal, Lifestyle Products, CDMA and Vertu.
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