Nokia to buy Symbian

24. June 2008 at 13:25

HELSINKI (Reuters) – Nokia  will pay $410 million (209 million pounds) for the remaining shares in UK-based Symbian and make its software royalty-free to boost phone sales and respond to new rivals such as Google. Symbian’s software is used in two-thirds of smartphones — handsets with computer-like capabilities — and 6 percent of all cellphones, but new platforms such as Google’s Android and Apple’s iPhone could challenge its dominance.

Source. Reuters