Nokia’s acquisition of Swedish imaging software firm Scalado is completed way ahead of schedule.
Nokia announced today that it has completed the acquisition of developers, technologies and intellectual property for imaging from Scalado. The company had expected the acquisition to close during Q3 2012.
"We believe that this acquisition will strengthen Nokia's leading position in mobile imaging and provide us with a great opportunity to create even better imaging products and applications," said Jo Harlow, executive vice president, Smart Devices at Nokia.
The company believes the Lund site in Sweden will become a crucial place for its imaging software for smartphones, helping to further develop the Lumia range.
"We welcome the skilled and passionate professionals from Scalado to Nokia and are excited to have them work with the rest of our talented and dedicated imaging experts to bring world-class imaging solutions to our Nokia Lumia smartphones,” added Harlow.
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