Tuesday, June 24, 2008

Nokia buys rest of Symbian - code will be open source


This will be a big move i think.And may be it can shake the mobile world?Yeah, but we can't guess that much. But this is something of interest for open source peoplse. If nokia buys and may be they make the code Open. Think what can be the development? Lets see what happens, but for sure this will bring new things to us :).

Nokia on Tuesday announced it plans to acquire all of Symbian, which develops an operating system for mobile phones. The Finnish phone giant currently owns about 48 percent and will pay €264 million ($410 million) for the rest. It has received thumbs up from Sony Ericsson, Ericsson, Panasonic Mobile Communications, and Siemens, which represents about 91 percent of the Symbian shares subject to the offer, according to a statement from Nokia.

Samsung Electronics, a partial stakeholder in Symbian, hasn't commented yet, but Nokia said it expects the company to agree to the sale. The deal doesn't come as a surprise to Geoff Blaber, an analyst at CCS Insight.
"Nokia paid out more than $250 million in Symbian license fees last year, so it makes commercial sense to buy Symbian for about $410 million, rather than keep paying what is effectively a subsidy to the other shareholders,"
Blaber wrote in a company blog.

Infoworld

2 Comments:

Ben said...

Seen in light of Nokia’s acquisition of Trolltech, this shows that the smart-phone market really is relying on Nokia to thrive as a free and open platform.

Microsoft will probably not gain much weight behind it’s Windows Mobile platform when all the other key players are getting behind open source. Well, every one except Apple and Microsoft, that is.

Parth Barot said...

Yeah, if all softies will be open source on nokia,sony,motorola..then Microsoft and Apple gonna had tough time i think.

And of course,the features will be extra ordinary and much more then we have right now :).

As said, 'Tough competition is good for customers' :)

Techlads.