Nokia Acquires Eizel

Apr 22, 2003


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Nokia has announced a definitive agreement to acquire Eizel Technologies, a privately held software company, in a stock-for-stock merger at an aggregate of $21 million. The Pittsburgh-based company develops server-based products that transform email messages, attachments, intranet applications, and Web content into formats accessible by any mobile device on any network. This transaction is subject to standard closing conditions. Eizel will integrate with the enterprise network security division, Nokia Internet Communications of the Nokia Ventures Organization. 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 offering 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 integrate Eizel's mobility application with its own enterprise product portfolio. The solution fits within Nokia's mobile enterprise connectivity roadmap, which is evolving from fixed perimeter security and connectivity to secure mobile connectivity and interoperability. Nokia also will have the flexibility of delivering the EizelT solution as a software application for organizations that have standardized on UNIX or Linux platforms from major hardware vendors. The Eizel solution supports SSL encryption and LDAP-based authentication to ensure secure access. In addition to simplifying deployment and increasing system reliability with a server-based software solution, Nokia also will couple Eizel's mobility application with complementary security appliances and innovative handsets, like the Nokia 6800, to produce solutions that address enterprise requirements such as fully functional mobile email.

(http://www.eizel.com), (http://www.nokia.com)