Nokia agreed to acquire Eizel Technologies, a start-up developing enterprise security solutions, for a net price of US$21 million. Eizel employs advanced computer science technologies such as artificial intelligence, machine learning, pattern recognition and natural language processing to transform email messages, attachments, intranet applications and web content into accessible formats that can be viewed from any mobile device on any network.
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- Eizel Technologies was founded in 2000 by researchers from Carnegie Mellon University. The company was backed by Innovent, a business unit of Nokia, and ITU Ventures LLC.
A list of Nokia's previous networking acquisitions: http://www.convergedigest.com/Mergers/mergersNokia.htm