Siemens joins Symbian consortium

The mobile-phone arm of Siemens has bought a 5% stake in Symbian, the UK consortium of handset makers that develops an operating...

The mobile-phone arm of Siemens has bought a 5% stake in Symbian, the UK consortium of handset makers that develops an operating system for mobile phones.

The €22.8m (£14m) investment comes after "careful evaluation" of the Symbian OS and strengthens Siemens' commitment to the operating system for mobile phones, Siemens said in a statement. Siemens took out a license for the Symbian OS last year.

Symbian's software, available in phones today, competes with Microsoft's emerging Windows-powered Smartphone 2002 and Palm's OS for phones. All these operating systems add personal digital assistant functionality to a mobile phone.

Siemens bought the stake from Symbian's existing shareholders - Nokia, Matsushita, Motorola, Psion and Sony Ericsson.

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