German mobile startup Cellity is getting acquired by Nokia. The sale price was not disclosed, but it is not likely to be more than $10 million to $20 million. About a year ago, Vodafone bought Cellity’s competitor Zyb for 31.5 million Euros. Nokia didn’t actually buy the whole company, only “certain assets” and the team, which is usually code for a fire sale. Cellity had a Series A round of funding in 2007, led by Mangrove Capital Partners. Cellity’s service is a social addressbook for mobile phones which which syncs your contact list on your phone with your contacts on the Web, including Outlook, Twitter, AOL, Hotmail, Yahoomail, Gmail, Plaxo and LinkedIn. Nokia won’t be continuing Cellity’s Addressbook 2.0 service, but it stands to reason teh team will build similar functionality from scratch for future Nokia phones. Crunch Network : CrunchBoard because it’s time for you to find a new Job2.0

original Source : Nokia Buys Social Addressbook Startup Cellity For The Team