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June 17, 11:30 AM - 12:30 PM U.S./ET (GMT-4)
Larry Bonfante, CIO of the U.S. Tennis Association, will discuss the skills and approaches that your rising IT leaders must learn to be effective in an executive capacity.
How to Handle Your New CEO: Managing Turnover at the Top
June 18, 11:00 AM - 12:00 PM U.S./Eastern (GMT-4)
Turbulent times have increased turnover at the top. Find out what Council CIOs have done to "break in" new CEOs—build relationships, set expectations, educate on the role of IT.
Mid-Market CIO Panel: Tips and Techniques for Improving Vendor Relationships
July 15, 4:00 PM - 5:00 PM U.S./Eastern (GMT-4)
We'll highlight relationship priorities and best practices identified in a Council study, and we'll interact with a CIO panel on the approaches they've used to improve strategic vendor partnerships.
Executive Competencies Assessment Tool
Assess Your Business Leadership Skills with the Council's new benchmarking tool. Rate yourself in change leadership, strategy, customer focus and more.
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June 24, 2008 — IDG News Service —
Nokia on Tuesday announced it plans to acquire all of Symbian, which develops an operating system for mobile phones. The Finnish phone giant currently owns about 48 percent and will pay ¬264 million (US$410 million) for the rest.
It has received thumbs up from Sony Ericsson, Ericsson, Panasonic Mobile Communications and Siemens, which represents about 91 percent of the Symbian shares subject to the offer, according to a statement from Nokia.
Samsung Electronics, a partial stakeholder in Symbian, hasn't commented yet, but Nokia said it expects the company to agree to the sale.
The deal doesn't come as a surprise to Geoff Blaber, an analyst at CCS Insight.
"Nokia paid out more than $250 million in Symbian license fees last year, so it makes commercial sense to buy Symbian for about $410 million, rather than keep paying what is effectively a subsidy to the other shareholders," Blaber wrote in a company blog.
But that isn't the only explanation: Competition in the mobile phone market is intensifying.
"I think Nokia was more worried about the risk that Symbian's structure would erode its competitive position," said Blaber.
Symbian is being challenged by a number of new contenders, including the open-source operating system from the LiMo Foundation and Google's Android platform, which are challenging existing commercial models, according to Blaber.
Also announced on Tuesday was the formation of the Symbian Foundation, which will come into being during the first half of next year with members including Nokia, Sony Ericsson, Motorola, NTT DoCoMo, AT&T, LG Electronics, Samsung Electronics, STMicroelectronics, Texas Instruments and Vodafone Group. All will get access to the Symbian operating system under a royalty-free license.
The deal will unite Symbian's OS and S60, UIQ (which is run as a separate company, but owned by Sony Ericsson and Motorola) and MOAP, the software platform for NTT DoCoMo's FOMA service, to create one open mobile software platform and a stronger competitor in the battle with other platforms.
To compete with Google and LiMo on an equal footing, Symbian will also become an open-source based platform. The Symbian Foundation will make some parts of the operating system available as open-source code at launch. More code from the project will be made available over the next two years under the Eclipse Public License, according to a statement.
Nokia buying Symbian was the fastest way to get all this going, and it also gains its competent staff, according to Nokia's Kai Öistämö, senior vice president of devices.
The unified platform will be based on Symbian OS and S60, with parts from the other platforms added. The first version of the unified platform will become available during the first half of 2010, according to Alain Mutricy, senior vice president at Motorola.