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Nokia to Acquire Rest of Symbian for $410 Million

Authored by Mark Hefflinger on June 24, 2008 - 5:09am.

Espoo, Finland - Nokia (NYSE: NOK) announced on Tuesday that it plans to acquire the outstanding shares of Symbian, which develops the operating system that runs Nokia mobile phones, that it does not already own in a deal valued at about $410 million. Under the terms, Nokia will pay EUR 3.647 per share for 52% of Symbian.

tags: Deals | Mobile | Acquisitions | Nokia | Cellphones | Symbian |

Mobile DRM Developer Discretix Raises $20 Million

Authored by Mark Hefflinger on February 12, 2007 - 10:09am.

Barcelona - Discretix, a provider of security and digital rights management (DRM) technologies for mobile devices and Flash-based memory, announced on Monday that it has raised $20 million in a new round of financing, led by Sequoia Capital.

tags: Deals | Mobile | VC | DRM | Opera | Cellphones | Symbian | Sequoia Capital | Discretix | BenQ | UIQ Technology |

Seems Symbian is Vulnerable

Authored by michael_greeson on June 30, 2006 - 10:30am.

It Was Only Yesterday...

When TDG released our Advanced Mobile Operating Systems report in February of this year 2006 - a report presenting the case as to why mobile Linux and Windows would both pick up market share at the cost of Symbian's dominance - we received quite a bit of feedback. While much of the feedback was positive, not surprisingly some of it was negative - the cost of being the first to officially offend the incumbent!
tags: Mobile | Tech | Microsoft | Motorola | TDG | Symbian | Linux | PalmSource | LinuxWorld | Mobile OS | OS |

Nokia to Pay Psion $242 Million for Control of Software Firm Symbian

Authored by Mark Hefflinger on February 9, 2004 - 10:11am.
Helsinki -- Finnish mobile phone giant Nokia announced on Monday that it has taken control of mobile software company Symbian, after agreeing to pay U.K. handheld-computer company Psion about $242 million for its stake in the company. Once completed, the deal will see Nokia's share in Symbian jump to 63%. Industry experts say many of Symbian's minority shareholders -- including Ericsson, Samsung, Siemens, Panasonic and Sony, among others -- will now have to decide whether or not they can live under Nokia's control. Symbian is the operating system used to power phones and other products made by Nokia and others.
tags: Software | Nokia | Symbian | Psion |

Phone Operating System Firm Symbian in Partnership With America Online

Authored by Mark Hefflinger on April 25, 2003 - 9:55am.
London -- Symbian, a developer of operating system software for smartphones and other portable devices, announced a partnership with America Online where AOL will develop its wireless instant messaging services -- AOL Instant Messenger and ICQ -- as well as its predictive text input software, T9 Text Input, for Symbian OS mobile phones. AOL will also develop content-based services and applications for Symbian OS. "By becoming a Symbian Platinum Partner, we can more easily and effectively deploy a broad range of media and entertainment content to Symbian licensees who manufacture over 75 per cent of the world's mobile phones sold today," said AOL Mobile vice president and general manager Bill Schwebel. Symbian's operating system is used in phones made by Motorola, Nokia, Samsung, Siemens and Sony Ericsson. http://www.symbian.com/news/2003/pr030424.html
tags: Deals | Internet | Phones | America | Symbian |