SDA India is an online resource for Software, Development,IT, Architecture, Open Source, Mobile, Security, Databases, Delphi, C, OS, Asp, .Net, Php, Xml, Java
From the News Desk
Wednesday, 25. June 2008
Symbian Buyout Spawn Hopes for Single Open Mobile OS
In a recent announcement, Nokia said it has acquired Symbian, the company behind the Symbian software that is used in several (Nokia) smart phones. It purchased all available (52 percent) shares of Symbian at a price of EUR 3.647 per share that will result in an approximately EUR 264 million or USD 410 million buyout.
Nokia plans to turn Symbian into a non-profit foundation. The new formed foundation will have a board of directors that will be equally divided between the partners of the deal which include mobile phone manufacturers Nokia, Motorola, Sony Ericson, Samsung and LG, chip manufacturers Texas Instruments and STMicroelectronics NV, and wireless operators Vodafone, AT&T and NTT DoCoMo.
The foundation member will collaborate to transform their different open mobile platforms into a single operating system for handsets available royalty-free to members, other handset makers, wireless carriers, software developers, and chipmakers. The foundation will also enhance members' competitiveness against handsets of rivals Apple and Google as well as compete on equal footing against Microsoft's mobile operating system.
“Our vision is to become the most widely used software platform on the planet and indeed today Symbian OS leads its market by any measure. Today's announcement is a bold new step to achieve that vision by embracing a complete and proven platform, offered in an open way, designed to stimulate innovation which is at the heart of everything we do,” said Nigel Clifford, CEO of Symbian.
Symbian is already one of the most widely used mobile platforms. The foundation is expected to start operations during the first half of 2009, subject to closing of Nokia's acquisition of Symbian.
Nokia plans to turn Symbian into a non-profit foundation. The new formed foundation will have a board of directors that will be equally divided between the partners of the deal which include mobile phone manufacturers Nokia, Motorola, Sony Ericson, Samsung and LG, chip manufacturers Texas Instruments and STMicroelectronics NV, and wireless operators Vodafone, AT&T and NTT DoCoMo.
The foundation member will collaborate to transform their different open mobile platforms into a single operating system for handsets available royalty-free to members, other handset makers, wireless carriers, software developers, and chipmakers. The foundation will also enhance members' competitiveness against handsets of rivals Apple and Google as well as compete on equal footing against Microsoft's mobile operating system.
“Our vision is to become the most widely used software platform on the planet and indeed today Symbian OS leads its market by any measure. Today's announcement is a bold new step to achieve that vision by embracing a complete and proven platform, offered in an open way, designed to stimulate innovation which is at the heart of everything we do,” said Nigel Clifford, CEO of Symbian.
Symbian is already one of the most widely used mobile platforms. The foundation is expected to start operations during the first half of 2009, subject to closing of Nokia's acquisition of Symbian.
