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Sony Ericsson agrees to acquire Symbian subsidiary

Posted: 10 Nov 2006     Print Version  Bookmark and Share

Keywords:Sony Ericsson  UIQ Technology  Symbian  acquisition  smart phone 

Sony Ericsson has agreed to acquire UIQ Technology AB, a wholly-owned subsidiary of Symbian Ltd. The Sweden-based software company licenses the UIQ user interface and application development platform to mobile phone vendors worldwide.

"UIQ offers excellent technical flexibility enabling us to provide compelling features such as push email, internet browsing, end user personalisation and enhanced music applications," said Mats Lindoff, CTO of Sony Ericsson. "By acquiring UIQ Technology we will further invest and exploit the full potential of UIQ on Symbian OS for phone vendors, mobile operators, developers and consumers."

After completion of the acquisition, UIQ Technology will operate as a separate business subsidiary of Sony Ericsson under its current management team. UIQ on Symbian OS will continue to be openly available, licensed on equal terms to all its licensees.

"We welcome this decision by Sony Ericsson to purchase UIQ Technology as it will give us the additional investment needed to compete in the rapidly expanding software market for advanced phones," said Johan Sandberg, CEO of UIQ Technology.

"This announcement is a positive development as it will strengthen the capabilities and services available for phones based on UIQ and Symbian OS whilst allowing us to focus on the core product development of Symbian OS for the mass market," said Nigel Clifford, CEO of Symbian. We look forward to continuing to work closely with Sony Ericsson and UIQ on future phone projects."

Sony Ericsson is already a licensee of UIQ Technology, and is working closely with the company on UIQ version 3.0, which is included in Sony Ericsson's smart phones.

The transaction is expected for completion over the next few months, pending regulatory approval and customary closing conditions.




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