Nokia to acquire Scalado, build a better Lumia (Updated)

Scalado has more than a few tricks squirreled away in its mobile imaging bag, tricks that have served the likes of HTC and RIM well. Now, Espoo want those tricks all to itself. After working with the Swedish firm for years, Nokia has decided to take its partnership with Scalado to the next level: acquisition. The imaging outfit will be turning over its developers, intellectual property, technology and moniker over to Nokia in the third quarter of 2012 - although the terms of the deal are confidential.

Engadget

See also:
wareground, Nokia to acquire Scalado, build a better Lumia (Updated)