Nokia Pays Close To $100M For Photo Sharing’s Twango

July 25, 2007 at 5:43 am Leave a comment

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.

http://money.cnn.com/news/newsfeeds/articles/newstex/AFX-0013-18348416.htm

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Entry filed under: Internet Startup.

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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