Nokia buys Symbian

The Mobile phone giant, Nokia today announced that it was going to buy Symbian. Nokia will purchase the stake of 264 million euros ($410 million) which it doesn’t own from Sony Ericsson, Ericsson, Panasonic, Siemens and Samsung Electronic. A new body called Symbian Foundation  will be formed which will comprise of Nokia and other top cellphone makers along with operators AT&T, NTT DoCoMo, Vodafone and chip makers Texas Instruments and STMicroelectronics to develop the software further. Nokia will also make Symbian open source.

Now for a normal mobile user it might not be a big deal, but for mobile application developers it should mean a lot, as Symbian is a pretty common mobile platform, more so in smartphones, and it going open source can only help the development of the platform. The other rivals to Symbian are Microsoft’s Windows Mobile and Apple’s iPhone and also the upcoming Google’s Android Mobile Platform.