Nokia has announced that it plans to acquire the 52 percent of mobile software specialist Symbian that it does not already own, in a deal valued at approximately 264 million euros. Nokia already owns 48 percent of Symbian, maker of a widely used operating system for mobile phones. It has now extended a cash offer for the Symbian shares not already in its hands at a price of 3.647 euros per share.
This is considered as a strategic move as the market leader on global mobile sales has decided to take on new challenges to strengthen their position, particularly against blackberry, iphone and the upcoming Google Android.
Most other stakeholders in Symbian such as Ericsson, Sony Ericsson, Panasonic, and Siemens have already accepted the offer, and Samsung Electronics is expected to accept it as well, Nokia said.
Nice blog here. I love Nokia phones. I just read that Nokia has officially anounced Nokia C6 and the Nokia X5. Those are both TD-SCDMA handsets which only work in China on TD-SCDMA network. The Nokia X5 will offer you a 5-megapixel camera, dual LED flash and video recording, 2.4-inch QVGA display, access to MM-Ovi Store, mobile video, Fetion IM, Mobile Map/Navigation and it will be available in black, white and red in Q2 2010. All the best Gary Westfall.