Scalado being acquired by Nokia | cross pond high tech | Scoop.it
Nokia will acquire developers, technologies and intellectual property for imaging from Scalado. Nokia plans to make Scalado's headquarters in Lund a key site for Nokia's imaging software for smartphones, in addition to Nokia's existing locations in Espoo and Tampere, Finland.
The transaction is subject to customary closing conditions and is expected to close during the third quarter of 2012.