
TechCrunch reports that Spotify has signed an exclusive deal with the Finnish side of TeliaSonera. The two year deal will give TeliaSonera the exclusive rights to sell Spotify Premium in Finland. The announcement comes on the same day as TeliaSonera unveils its IPTV service that is complete with a certain selection of television channels, video rentals and Spotify Premium.


Those following the mobile gaming industry paid notice that the Finnish gaming studio Universomo was shut down (in Finnish) by its owner THQ Wireless, which acquired the Finnish firm back in 2007. Rumors started to spread on Tuesday this week and pretty soon THQ confirmed the liquidation of the studio. This is part of a bigger shift in the game industry.

There’s much talk about the new Aalto University in Finland, which is what came out when Helsinki School of Economics, Helsinki University of Technology and Helsinki University of Art and Design were molded into one school to rule them all. A lot of potential I’m sure, but wait, there’s more!

TNS Gallup, Finnish subsidiary of the biggest industry market research expert TNS Global, has teamed up with a mobile customer experience management startup QAim to provide Finland wide tracking of mobile website usage metrics.

We recently argued that Schibsted will give Finnish media companies a run for their money in classifieds and market places. Now Schibsted Classified Media Finland’s CEO, Jussi Lystimäki, tells us that Tori.fi just passed the one million unique visitor water mark last week. This comes from a firm who just opened their Finnish site in December.

Scred, a house hold Finnish startup who we have used to seeing tracking debts and shared expenses is now shifting their focus towards more comprehensively managing money.
They start with managing money for different groups such as bands, indie film crews, event organisers and associations. The point is to offer a solution for communities which often don’t have good online financial applications and don’t know about accounting.

The debate on the tax code for entrepreneurs in Finland is becoming more surreal by the day. The origins of the debate lie in the tax code working group set up by the Finnish Parliament. This group, headed by Martti Hetemäki, is to devise a new tax code for areas such as capital gains, options and carried interest for VC funds. The biggest verbal and rhetorical battle is waged around the double taxing of dividends in non-listed companies.

According to the EU’s climate and energy package, Finland is expected to increase its share of renewable sources from the present 28 per cent to 38 per cent of energy production by 2020. Fulfilling this obligation require a significant increase in Finland’s use of wood-based energy, waste fuels, heat pumps, biogas and wind energy during next years.

We’ve been looking closely at the startup scene in the Nordics and Baltics for the last two and a half years and I have to say, the amount of events on the market these days is very attractive. There are a lot of different kind of events and I’m sure there’s something for everyone. While these events have their own functions and drive their own agendas, there’s no getting round it – they’re great fun and will surely improve your business if not by any other means than at least by networking with the other visitors there.

Are Nordic countries particularly entrepreneurial? How do our societies perceive entrepreneurship as a career choice?

Mobile Dev Camp is coming to Helsinki on February 27. The second time this event brings together all the mobile developers across the region to hear about the latest trends, meet the other mobile honchos and, well, to develop for mobile platforms.
The event was born from the realization that the hey days of mobile phone manufacturing where behind us here in Finland. Regardless, or maybe because of it, the country is full know how on mobile service development and people with skills to match.

The two big Finnish “old media” companies, Sanoma and Alma Media, published their 2009 results yesterday and today, respectively. However, as seems to be the common policy, neither of them was too open about the state of their online business. But luckily Alma still offered some nuggets of information for constructing a picture of what’s going on.

As Swedish private equity company Scope has invested a whopping €7m in a Finnish company Footbalance System Ltd.

Foodie.fm is that obvious thing that I always knew I needed but could not think of. There’s about a million different ToDo list apps and cooking apps that help you do partly what Foodie.fm does, but not really.

Gemalto, provider of end-to-end security solutions, has acquired a Finnish startup Valimo Wireless. The terms of the transaction were not disclosed. Some of Valimo’s investors included Altine Group, Risto Siilasmaa and SpringBank TechVentures.

Osuuspankki, one of the largest banks in Finland has put out a statement reminding people of dangers in using software to query your bank account statement – in essence talking about the pulling of data from the bank with Balancion. They are saying that using such third party applications is against the terms of service as well as dangerous for security reasons.

There was a big meeting in Copenhagen a month ago that ended in a disagreement about how to finance the investments in the poor countries. This winter has been one of the coldest in Finland for the past fifty years. The opposition to the climate change prophet's are applauding.

Finnish VC Inventure has invested 2 million USD into Finnish mobile publishing platform firm Conmio. The financing will be used to support Conmio’s international growth and product development. Conmio sees many opportunities for expansion due to the strong demand for mobile services. Conmio’s target customers include media firms, device manufacturers and other companies interested in providing mobile solutions to their customers or end users.
