Photo Software - Tuesday, July 24, 2007
Nokia Pays Close To $100M For Photo Sharing's Twango
Launched in October 2006 by Microsoft execs, photo sharing site Twango was today bought by Nokia for $96.8M. 21 Ventures and Garage Investors backed Twango. The Wall Street Journal reports that Nokia will launch a paid content addition to Twango's ad supported model. Twango had launched wireless upload functionality before the deal.
Read - announcement
Read - WSJ report
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