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Nokia completes acquisition of Intellisync Print E-mail
Saturday, 11 February 2006

Nokia has announced it has completed its acquisition of Intellisync, a leader in platform-independent wireless messaging and applications for mobile devices. As a result of the acquisition, Intellisync common stock is no longer publicly traded and each share of Intellisync common stock has been converted into the right to receive US$5.25 in cash.

The transaction will enhance Nokia's ability to respond to customer needs and effectively puts Nokia at the core of any mobility solution for businesses of all sizes. Intellisync's entire product range will continue to be sold under the Intellisync name as part of Nokia's business mobility solutions software business line within its Enterprise Solutions business group.

With the completion of this acquisition, the Intellisync team becomes part of Nokia's Enterprise Solutions business group, led by Mary McDowell, executive vice president and general manager.
www.nokia.com

 

 
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