Symbian in Motion

Nokia Wants to Free Symbian

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Hot on the heels of the recent purchase of Plazes, Nokia is at it again, this time with a huge scoop! In a press release and on the 10th anniversary of Symbian (coincidentally) Nokia has made an offer to buy the 52% of shares it doesn’t own of Symbian. As of yet, it has an agreement to buy 91% owned by  a combination of Sony Ericsson, Ericsson, Panasonic and Siemens at EUR 3.647 per share. The total cost of the whole purchase would be EUR 240 million ($370 million USD).

“This is a significant milestone in our software strategy” said Olli-Pekka Kallasvuo, CEO of Nokia. “Symbian is already the leading open platform for mobile devices. Through this acquisition and the establishment of the Symbian Foundation, it will undisputedly be the most attractive platform for mobile innovation. This will drive the development of new and compelling, web-enabled applications to delight a new generation of consumers.”

This is another strategic move by Nokia to move the Symbian OS forward along with Nokia handsets. It’s obviously a move to ensure that moving forward Nokia also has it’s own OS and can manipulate the market whilst having full control (much like Google’s Android OS), but with Symbian already accounting for 60% of the mobile handset market, thing’s seem to be much brighter for Symbian and Nokia.

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