Nokia, the Finland-based mobile phone maker, has seen its indirectly-held portfolio company Slide sell for up to $228m to search engine group Google.
Nokia remains a limited partner in BlueRun Ventures, having spun out the venture capital firm in 2005, coincidentally in the same year that Slide was formed.
According to news provider TechCrunch, Google is paying $182m for Slide with a further $46m in employee retention bonuses. From undisclosed sources, TechCrunch said BlueRun had invested $8m in Slide’s series B round and made a $28m return.