Nokia To Acquire UK Startup Dopplr

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J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news. Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More

Wednesday, September 23rd, 2009

Nokia has been on an acquisition tear lately, albeit mostly small deals (Plum, Cellity and Bit-Side all this year). A source close to the deal says that they’ve just made one more acquisition: boutique travel social network Dopplr, headquartered in London.

The purchase price, we’ve heard, is between €10 million and €15 million ($15 million – $22 million based on current exchange rates). Dopplr cofounder and CEO Marko Ahtisaari was previously the Director of Design Strategy at Nokia.

We first covered Dopplr in 2007 when it closed on seed funding. The site has never grown to huge usage, but core users are passionate about the service, which lets them share travel plans with friends. And they’ve supposedly raised just €1.25 million or so in total funding.

Dopplr was about to close a new round of funding when Nokia swooped in for the buy.

Update: TechCrunch Europe has more analysis.

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