Nokia announced a definitive agreement to acquire Eizel Technologies a privately held software company, in a stock-for-stock merger at an aggregate of 19,6 million. The Pittsburgh-based company develops server-based products that transform email messages, attachments, intranet applications and web content into formats easily accessible by any mobile device on any network. Eizel will integrate with the enterprise network security division, Nokia Internet Communications of the Nokia Ventures Organization.
“One of Nokia‘s key strategies is to bring extended mobility to enterprises, and this acquisition is a significant step in that direction,” said John Robinson, senior vice president of Nokia Internet Communications. “Eizel has an innovative solution that sets a new standard for businesses wanting real-time secure wireless access to relevant internet and intranet content anywhere, anytime. Until now, accessing business content and enterprise applications on the internet without a wired broadband connection has been an unfriendly user experience. This new technology will change that.”
Eizel‘s flagship product makes enterprise email, attachments and web-enabled applications (including intranet content) accessible from browsers on any device over any wireless network. The Eizel is server based and requires no alteration of source content and no additional client-side software. It provides ‘on-the-fly’ reformatting of source content to fit the form factor of the mobile device while preserving interactive elements such as web forms.
“Nokia will build on Eizel’s foundation to make wireless internet access interactive and highly satisfying for business users,” said Sam Leinhardt, president and CEO of Eizel. ‘This is particularly significant for enterprises that already maintain extensive content online and need to exploit the functionality of full-function wireline email in their everyday business operations regardless of where they happen to be. It’s exciting to become a part of a company that is shaping the future of the mobile world and one that can support its customers on a 24/7 basis throughout the world.”
Nokia will integrate Eizel ‘s unique mobility application with its own secure enterprise product portfolio, backed by a worldwide support system.
2003-04-22
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