Nokia to buy Sega gaming unit
No. 1 mobile phone maker Nokia, planning an aggressive push into video gaming, on Tuesday said it has signed a deal to acquire some assets of Japanese game maker Sega Corp. dedicated to networked game play. Nokia will use the SNAP technology for wireless game matching for its N-Gage phone/game deck combo device, set to be released worldwide on Oct. 7.
“This transaction will give Nokia full end-to-end capabilities — the device, the games and the back-end technology to support multiplayer gaming,” said Ilkka Raiskinen, senior vice president of Nokia’s entertainment and media business unit, on a conference call. Financial terms of the deal were not disclosed. Continue >>