Report: Nokia gobbles up Dopplr
TechCrunch is reporting that Nokia has just acquired social travel start-up Dopplr. The rumored acquisition price is between 10 million and 15 million Euros, which is around $15 million to $22 million.
In an effort to stop the bleeding at the cell phone giant, Nokia has been acquiring a string of smaller companies. With intense competition from Apple's iPhone and RIM's Blackberry, Nokia has been struggling to keep pace in the mobile industry. Om Malik compares the acquisition spree at Nokia to what we have seen at Yahoo in the last few years.
It will be interesting to … Read more