Nokia in full buy-out of Symbian


	Nokia in full buy-out of Symbian

JediKnut

6-25-2008 4:19 AM

311 views

tags:

mobile phone, handset, operating system, nokia, google

JediKnut says:

Competition for Google's Android OS.
Nobody mentions competition for Windows Mobile though!

Wonder how it'll be affected...

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/92dbacb8-a70d-40d5-a9ce-e379b1e8f9d1/AEA22D5A-73DD-46F2-A73C-8D11AD2323BC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://news.bbc.co.uk/2/hi/business/7470772.stm" href="http://news.bbc.co.uk/2/hi/business/7470772.stm" style="font-size: 11px;">news.bbc.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.bbc.co.uk/2/hi/business/7470772.stm"><H1>
					Nokia in full buy-out of Symbian
				</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.bbc.co.uk/2/hi/business/7470772.stm"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/news.bbc.co.uk/img/F9BDE61D-51B2-4236-A2C6-187B89ECE9B4" alt="Symbian logo" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.bbc.co.uk/2/hi/business/7470772.stm"><B>Finnish mobile phone giant Nokia is paying 264m euros ($410m; £209m) to buy out the other shareholders in handset software firm Symbian.</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.bbc.co.uk/2/hi/business/7470772.stm"><P>Nokia, which already owns 48% of the UK-based firm, intends to develop its software to compete with Google's planned Android operating system.
</P><P>
Nokia said Sony Ericsson, Ericsson, Panasonic and Siemens had agreed to sell their stakes in Symbian.
</P><P>
It added that Samsung was also expected to accept the offer.
</P><P>
For its part, Symbian said the takeover was "a fundamental step" in the establishment of the Symbian Foundation, which is expected to start operating in the first half of 2009.
</P><P>
The foundation will bring together Nokia, AT&T, LG, Motorola, NTT Docomo, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments and Vodafone in collaboration on a new, royalty-free open software platform for mobile phones.
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://news.bbc.co.uk/2/hi/business/7470772.stm"><P>
The news comes one day after reports that Google's Android platform for mobile phones had suffered delays.
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