Sunday, January 8, 2012

Nokia acquires Smartphone AS, featurephone OS maker

Nokia has finalized acquiring Norwegian feature phone OS maker Smarterphone AS from Ferd Capital. The exact terms of the deal is not out yet but this seems to be a good move by Nokia who is trying to find a new OS for its feature phone lineup.
“Egil Kvaleberg is a world class software architect and founder. His internationally recruited and unique team situated in Oslo has created an operating system for lower end mobile phone that provides highly advanced functionality on very moderate hardware” says Annar Bohn, Investment manager in Ferd Capital. “Our belief in the team, technology and the long term market for feature phones remains firm, and we believe the company has now found a fantastic new home with Nokia”, he continues.

Lets wait and see how this new OS is used at Nokia (or how it is dismantled and burned).

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