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Nokia to acquire Symbian in $411M deal: Firm looks to counter Linux, Microsoft, others

Nokia Corp. will acquire total ownership of Symbian Ltd., buying out current partners in a deal valued at about $411 million, the company said today.Nokia said it would combine its own S60 platform with the Symbian platform and provide the results - a single...

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Psion TeklogixPsion Teklogix appointed Ron Caines vice president of marketing to lead and manage the company's global product strategy and develop its corporate marketing initiatives. Caines previously was vice president of imaging at Psion Teklogix, following the company's acquisition of Symagery Microsystems Inc., and...

Psion Teklogix buys Symagery Microsystems

MISSISSAUGA, Ontario-Mobile computing company Psion Teklogix Inc. announced it acquired image capture firm Symagery Microsystems Inc. Terms of the deal were not disclosed.Psion Teklogix uses Symagery's solutions in its Workabout Pro 7535 rugged handheld computers. The company said the acquisition will give it a...

Rivals keep Nokia’s Symbian stake below 50 percent

Symbian Software Ltd.'s shareholders raised their stakes in the company this week, but rivals kept Nokia Corp.'s equity stake below 50 percent, ensuring the operating system developer would maintain its independent image.Nokia, Panasonic, Siemens AG and Sony Ericsson Mobile Communications split Psion plc's previously...

Nokia's bid for Symbian stake approved by German authority

Nokia Corp.'s bid to buy Psion plc's stake in operating system company Symbian moved one step closer to fruition as the German authority Bundeskartellamt approved the transaction. The move now opens the issue to the rest of Symbian's stakeholders, which can use their pre-emption...

Psion sale to Symbian clears hurdle

Despite public arguments among Psion plc's shareholders, the company voted to sell its stake in operating system vendor Symbian for about $252 million. Psion argued the deal would generate the greatest return for its investments in Symbian, which totaled about $52 million."I am proud...

Psion minority stakeholder against Symbian sale to Nokia

LONDON-A firm representing about 13 percent of Psion plc's shareholders said it will vote against the company's plans to sell its stake in operating system company Symbian to Nokia Corp.Phoenix Asset Management, which owns about 13 percent of Psion's shares, said Psion should instead...

Psion minority stakeholder against Symbian sale to Nokia

LONDON-A firm representing about 13 percent of Psion plc's shareholders said it will vote against the company's plans to sell its stake in operating system company Symbian to Nokia Corp.Phoenix Asset Management, which owns about 13 percent of Psion's shares, said Psion should instead...

Psion Teklogix offers new ruggedized device

MISSISSAUGA, Ontario-Psion Teklogix released the Workabout Pro, a Windows CE .NET-based hand-held device designed to collect data remotely from harsh environments."The original Psion Workabout has been an extremely successful product with hundreds of thousands of units sold globally across multiple markets," said Norbert Dawalibi,...

Deeper lines in sand drawn in OS battle

The line in the sand is getting deeper.On one side sits the world's No. 2 mobile-phone maker Motorola Inc. and its operating system partner Microsoft Corp., a team hoping to entice Windows fans looking for a familiar environment. On the other side sits the...

Motorola’s Symbian share transfer to Nokia, Psion complete

HELSINKI, Finland-Nokia Corp. said it completed its deal to purchase Motorola Inc.'s Symbian shares-a 13.2-percent stake-and Psion plc purchased the remaining shares-5.8 percent. The deal was first announced in August, but was subject to a pre-emption process among the other Symbian shareholders and clearance...

Motorola’s Symbian share transfer to Nokia, Psion complete

HELSINKI, Finland-Nokia Corp. said it finalized its deal to purchase Motorola Inc.'s Symbian shares-a 13.2 percent stake-and Psion plc purchased the remaining shares-5.8 percent. The deal was first announced in August, but was subject to a pre-emption process among the other Symbian shareholders and...

Psion Teklogix releases notebook using Microsoft OS

Psion Teklogix released its new Netbook Pro portable computer, a device that uses Microsoft Corp.'s Windows CE.NET operating system.The move is notable as Psion Teklogix is a division of Psion plc, which is a major stakeholder in operating system company Symbian. Symbian and Microsoft...

Motorola looks to exit Symbian

Despite just releasing a phone based on the Symbian operating system, Motorola Inc. said it will exit the OS venture.Nokia Corp. said it and Psion plc have begun procedures with Motorola to transfer Motorola's shares in Symbian to Nokia and Psion.Once the transaction is...

Psion to integrate Wavetrend RFID technology

LONDON-Psion Teklogix will integrate Wavetrend Technologies' active RFID reader technology into its Workabout handheld devices to offer the companies' combined customer base enhanced identification and tracking functionality."By combining Psion Teklogix' devices with our industry-leading hardware and software, we are able to market a complete...

Psion, Lab-ID partner on RFID reader technology

LONDON-Psion Teklogix and Lab-ID will partner to produce advanced RFID reader technology for supply chain management solutions for the retail industry.The companies will combine Psion Teklogix's industrial wireless device designing, development and manufacturing expertise with Lab-ID's knowledge of RFID technologies to allow a wireless...

Psion enhances netBook mobile computer

MISSISSAUGA, Ontario-Rugged mobile device and wireless local area network system provider Psion Teklogix announced it has added an enhanced Symbian operating system, an upgraded PC card slot ISDN, and GPRS connectivity for is netBook mobile computer. "With the widespread adoption of mobile enterprise computing...

Psion Teklogix, Option enter integration agreement

HANOVER, Germany—Psion Teklogix announced it will partner with Option to develop drivers for the GlobeTrotter Universal tri-band GSM/GPRS PC-card radio so they can be integrated into devices in the Psion mobile computing portfolio."With this partnership, we will upgrade our extensive product range and consolidate...

Symbian’s coffers could run dry next year

LONDON—Smart-phone operating-system maker Symbian could run out of money as soon as next year, according to the company's largest stakeholder Psion plc.Psion issued the drastic news as part of its earnings release for the six months ended June 30. According to Psion, Symbian's supervisory...

Psion writes off PDA business

The market for personal digital assistants, once thought to be a gold mine for anyone and everyone looking to make a profit, is now swimming in such bitter competition and crowding that one of the industry's leaders is bowing out-Psion plc, Europe's largest PDA...

Psion shuts down joint venture

LONDON-European personal digital assistant maker Psion plc closed its joint wireless Internet venture with United Business Media due to the slow growth of the mobile data market, the company said.The joint venture, Trivanti Ltd., was set up in July to develop and market wireless...

Nokia smiles on Symbian

Symbian received an important lift after Nokia Corp. said that half its third-generation mobile phones will use the company's platform by 2004.The move ends speculation on whether Symbian's stakeholders, including Nokia, L.M. Ericsson and Motorola Inc., will actually use the company's operating platform. A...

Psion works on netBook project

LONDON-Psion plc has teamed with One-Ed Dot Com, a Malaysia-based joint venture between the Kedah State Development Corp., L.M. Ericsson, Widuri Canggih Sdn Bhd and Virtual Applications Technology Sdn Bhd, on an "e-school" project that may make traditional hard-copy textbooks obsolete.The Psion netBooks will...

Is Symbian OK?

Several recent announcements have cast an unfavorable light on Symbian Ltd., a maker of operating systems for a number of wireless devices. But even with the added illumination, it's still unclear whether the company is in for rough times or smooth sailing.Last month, the...