Nokia will not be Symbian majority partner
Jul 07 2004 - 12:32 PM ET | Smartphone
Major partners in Symbian have
agreed to not allow Nokia to own over 50% of Symbian.
A deal back in February to buy out Psion's Symbian shares would have left Nokia with 63.3% of Symbian.
Siemens, Sony Ericsson and Panasonic all upped their investments to even out the ownership. Here's the current rankings (after the Psion deal and today's move). Prior ownership numbers follow in parentheses.
*
Ericsson - 15.6 (17.5)
*
Sony Ericsson - 13.1 (1.5)
*
Nokia - 47.9 (32.2)
*
Panasonic - 10.5 (7.9)
*
Psionv - 0.0 (31.1)
*
Samsung - 4.5 (5)
*
Siemens - 8.4 (4.8)
