Nokia buys MetaCarta to use technology in local search services, terms not given

By AP
Friday, April 9, 2010

Nokia buys MetaCarta for local search services

NEW YORK — Nokia Corp., the world’s biggest mobile phone maker, said Friday it has bought MetaCarta Inc., whose technology helps users find “anything written about any place.”

Financial terms were not disclosed. Privately held MetaCarta, based in Cambridge, Mass., employs about 30 people.

Nokia said it will use MetaCarta’s technology for local search services.

U.S.-traded shares of Nokia rose 13 cents to $15.21 in late morning trading.

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