Mobile News

Nokia Buys Rest of Symbian, Will Make Code Open Source

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 per cent and will pay EUR264 million (US$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. [Read]