Espoo, Finland – Nokia (NYSE: NOK) announced on Friday
that is has acquired MetaCarta, a developer of geosearch and geotagging
Financial terms of the transaction were not disclosed.
2001, Cambridge, Mass.-based MetaCarta offers
geographic intelligence applications including NewsMap, LocalAlerts and
The company’s investors included Sevin Rosen, FA Technology
Ventures, Solstice Capital, Chisholm, Hunt Ventures, Chevron Technology
Ventures and In-Q-Tel.
Nokia plans to use MetaCarta’s technology in the area of
local search for its location and other services.