deals, acquisitions, social media

Nokia Buys Vulcan-Backed Plum

Gregory T. Huang 9/11/09

Finnish mobile giant Nokia (NYSE: NOK) said today it has acquired certain assets of Plum, a social media sharing and messaging service based in Boston and San Francisco. Financial terms were not given. Plum, which has about 10 employees, is backed by Vulcan Capital in Seattle and Levensohn Venture Partners in San Francisco.

Gregory T. Huang is the Editor of Xconomy Seattle. You can e-mail him at gthuang@xconomy.com or call 206-624-2249.