Tuesday, July 8, 2008

Nokia to buy out Symbian OS

Nokia has announced its intention to purchase the remainder of Symbian Ltd to create a non-profit Symbian foundation aimed at turning the OS into a single open source mobile platform.

Nokia will soon pay €264 million ($412 million at today’s exchange rate) for the remaining 52% of Symbian to become the sole owner.

The new Symbian Alliance will comprise Nokia, Sony Ericsson, Motorola, NTT DoCoMo, AT&T, LG, Samsung, STM icroelectronics, Texas Instruments, and Vodafone

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