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 …