Thursday, June 26, 2008

Mobile World-1: Nokia to buy balance 52% in Symbian by Anand Parthasarathy

Finland-based handset-dealer Nokia on Tuesday (June 24, 2008) announced that it planned to acquire the remaining 52% shareholding of Symbian, the US-based maker of phone operating software that runs most of the world’s smart phones, in a deal worth $410 million. It already owns almost 48%.

The announcement came coincidentally on the tenth birthday of Symbian, whose operating system today fuels over 65% of ‘smart’ phones – that is mobiles that double as Internet devices – as well as some 6% of all handphones, totaling 206 million phones worldwide.

The move, seen as shrewdly heading off challenges from the other smart phone operating system – Windows Mobile – as well as the software that drives Apple’s iPhone, is also a shot across the bows of Google.

Courtesy: The Hindu, Madurai, June 25, 2008

For a detailed article on:

Nokia: http://en.wikipedia.org/wiki/Nokia

Symbian OS: http://en.wikipedia.org/wiki/Symbian

Windows Mobile: http://en.wikipedia.org/wiki/Windows_Mobile

Apple's iPhone: http://en.wikipedia.org/wiki/Iphone

Grateful thanks to Mr.Anand Parthasarathy, The Hindu and Wikipedia.

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