Nokia has announced a cash offer to acquire all the shares of Symbian Limited it does not already own (52%) at a price of 3.647 euros per share, which means that Nokia will spend approximately 264 million euros on the acquisition.
Nokia has always been the biggest supporter of the Symbian platform, and all of their smartphones use some flavor of the Symbian OS, but it’s not alone: other companies, such as Sony Ericsson, LG, Samsung, are also using Symbian for some of their devices. Therefore, Nokia decided to turn the intellectual property of Symbian over to the Symbian Foundation, which pretty much means that Symbian is now an alliance similar to Google’s Open Handset Alliance. Members of Symbian Foundation are Nokia, AT&T, LG Electronics, Motorola, NTT DOCOMO, Samsung, Sony Ericsson, STMicroelectronics, Texas Instruments and Vodafone.
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