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Nokia to acquire consumer email and instant messaging provider OZ Communications

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Nokia and OZ Communications announced that Nokia is to acquire OZ, a privately held company with approximately 220 employees and headquartered in Montreal, Canada. OZ is a consumer mobile messaging solution provider, delivers access to popular instant messaging and email services on consumer mobile devices.

By acquiring OZ, Nokia will enable easy-to-use, fast access to leading instant messaging and email services, including AOL, Gmail, ICQ, Windows Live Hotmail, Windows Live Messenger and Yahoo!. With more than 5.5 million monthly paid users, OZ’s solutions have been deployed by leading mobile operators on a wide array of mobile device platforms.

The expertise and technology Nokia acquires through OZ is complementary to Nokia’s existing portfolio of messaging solutions and will provide a complete portfolio of mobile messaging solutions for Series 40 and S60 devices. Nokia will continue to work closely with OZ’s existing original equipment manufacturer (OEM) and mobile operator customers.

The acquisition is subject to customary closing conditions and is expected to be completed in the fourth quarter 2008. After the closing, OZ will become part of Nokia’s Services & Software operative unit.


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