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Nokia acquires Cambridge’s Metacarta for an undisclosed sum April 18, 2010

Posted by HubTechInsider in Acquisitions, Startups.
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Nokia acquires Cambridge’s Metacarta for an undisclosed sum. MetaCarta, a 30-person company based in Cambridge, Mass., specializes in geographic intelligence and location-aware services — both of which should play well with Nokia’s recent emphasis on location technologies for its mobile devices.

Details on how Nokia plans to integrate MetaCarta’s technology were scant Friday. In a statement, Nokia said that it will “be used in the area of local search in location and other services.”

MetaCarta’s two principal software offerings are Geosearch, which organizes and presents information about a particular location, and Geotag, which extracts geographic information from Web content for use in other applications, such as maps.

Location-aware services have become a renewed focus for Nokia as it looks to expand those capabilities for its mobile phones. Back in January, Nokia updated Ovi Maps, and said in early February that the new version had been downloaded more than 1.4 million times in the span of two weeks. Among Ovi Maps’ newer features were turn-by-turn GPS navigation.


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