Nokia is acquiring Canadian mobile messaging solution provider OZ to be part of its services and software unit.
OZ has more than 200 employees and is headquartered in Montreal. It delivers access to popular instant messaging and email services for consumers on mobile.
By acquiring OZ, Nokia plans to enable simple and fast access to leading instant messaging and email services, including AOL, Gmail, ICQ, Windows Live Hotmail and Messenger and Yahoo!
With more than 5.5 million monthly paid users, OZ’s solutions have already been deployed by mobile networks on a wide array of mobile device platforms.
The acquisition is complementary to Nokia’s existing portfolio of messaging solutions and will provide a complete mobile messaging portfolio for S40 and S60 devices.
The deal is subject to customary closing conditions and is expected to be completed in Q4.