LONDON Nokia is planning to acquire the 52 percent of Symbian Ltd shares that its does not already own at a cost of around 264 million euros (about $411 million).
Nokia says it has received irrevocable undertakings from Sony Ericsson Mobile Communications AB, Telefonaktiebolaget LM Ericsson (publ), Panasonic Mobile Communications Co. Ltd. and Siemens International Holding BV to accept the offer, representing approximately 91 percent of the Symbian shares subject to the offer. Nokia also expects Samsung Electronics Co. Ltd. to accept the offer.
Nokia will then, together with Sony Ericsson, Motorola, NTT DOCOMO, AT&T, LG Electronics, Samsung Electronics, STMicroelectronics, Texas Instruments and Vodafone establish the Symbian Foundation to provide a royalty-free open platform uniting uniting the Symbian OS, S60, UIQ and MOAP(S).
Nokia will contribute the Symbian and S60 software to the foundation while Sony Ericsson and Motorola will contribute technology from UIQ and DOCOMO has also indicated its willingness to contribute its MOAP(S) assets.
Membership of the non-profit making foundation will be open to all organizations and the initiative is supported by current shareholders and management of Symbian.
Contributions from foundation members through open collaboration will be integrated to enhance the platform with selected components available as open source at launch. It will then work to establish the most complete mobile software offering available in open source. This will be made available over the next two years and is intended to be released under Eclipse Public License (EPL) 1.0.
Symbian is celbrating its tenth birthday today (June 24) and this year already, over 20 new mobile phones have been announced on Symbian OS v9. Software from the company is used with more than 200 million phones, across 235 models.