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BOSTON Finnish mobile phone giant Nokia has agreed to acquire Enpocket, a Boston-based company that places advertising on mobile devices.
Financial terms of the deal were not disclosed. The acquisition is expected to close by year’s end.
“Enpocket’s mature leading edge platform and people expertise are a strong fit with Nokia’s existing capabilities in the mobile advertising market,” Nokia’s chief technology officer Tero Ojanpera said in a statement. “This acquisition is a game-changing move to bring the reach and depth of Nokia to organize the market across the world, and make it easier for an ecosystem to develop.”
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