Nokia Buys Metacarta

Cambridge, MA-based Metacarta, whose software searches digital text for references to place names and addresses, has been acquired by Nokia, the Espoo, Finland-based mobile hardware giant announced today. Financial terms of the deal were not disclosed, and it’s not yet clear how Nokia will integrate Metacarta’s technology into its mobile offerings, which include navigation services through the Ovi Maps application. Nokia’s terse press release said only that the 30-person startup’s technology will be “used in the area of local search in location and other service.”

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

Trending on Xconomy