An interesting acquisition from Nokia this week as the company notes they are purchasing the german-based location technology solution provider. Interesting move, particularly as Bit-side also has expertice in developing for iPhone (think Plazes for iPhone),and Android – the company developed the http://pixelpipe.com/technology for the T-Mobile G1. Bit-side is also the developer of the Panoman application for stitching images together into panoramas. See more on this buy-out here.