Nokia buys Oz Communications

Cell phone maker Nokia Corp. has announced its intention to purchase Montreal-based mobile messaging firm Oz Communications.


Thedeal, expected to be completed by the end of 2008, could allow Nokiacustomers to more effectively access instant messaging and e-mailservices – such as those from Microsoft Corp., Google Inc. and YahooInc. – on their mobile devices. Oz has been in a working relationshipwith Nokia over the last five years.


The financial details of the agreement were not disclosed.

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