Nokia has unveiled plans to buy imaging firm Scalado to improve the camera technology use on its Lumia Windows Phone devices.
The Finnish phone maker has stepped ahead to acquire Scalado for an undisclosed amount. Both companies have worked together for a decade now. The deal is likely to close out by the third quarter of this year. Strangely, the planned acquisition follows Nokia’s earlier announcement to lay off 10,000 employees worldwide because estimates for second quarter losses were worse than expected.
While it held a press release, Nokia did not expand further on what the industry should expect from the buyout of Scalado. However, the plan only strengthens speculations that PureView technology is coming Lumia Windows Phone devices.
“Nokia has been working with Scalado for more than ten years and they’ve contributed to many of our leading imaging applications,” said Jo Harlow, EVP of smart devices at Nokia. “This transaction would enable us to combine our leadership in camera devices with their expertise in imaging, helping people move beyond taking pictures to capturing moments and emotions and then reliving them in many different ways.”
“This is a great opportunity for many of our people to show their leadership in imaging and to continue to build its future,” said Håkan Persson, CEO of Scalado.
Scalado recently revealed a nifty new technology it calls Scalado Remove, which allows users to cut out passersby from captured images by merely tapping the smartphone screen. Previous reports speculated that the app would arrive to Android OS devices, but with this development, it looks like the feature will likely be exclusive to Nokia Lumia handsets.