Wednesday 25 June 2008

Nokia buys Symbian

It seems like only a few days ago that we were talking about Nokia's ongoing series of acquisitions. Here's another: they're buying mobile phone operating system company Symbian. Nokia already owns 48% and is planning to spend around 264 million Euro on the rest. Sony Ericsson, Ericsson, Panasonic and Siemens have already said they'll sell, while Samsung is expected to agree soon. Nokia also says it'll create the Symbian Foundation to offer open-source Symbian software in partnership with AT&T, LG Electronics, Motorola, NTT DOCOMO, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments and Vodafone. [Press release]

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