Samsung accepts Nokia's offer for Symbian buyout

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In preparation for taking Symbian open-source and royalty free for Symbian Foundation partners, Nokia has spent the last few months buying out all of the other shareholders. As of this morning, the job is done; Nokia has announced that the last shareholder involved, Samsung, has accepted their offer.

The cumulative total for all of the buyouts will set Nokia back around $410 million. That’s not exactly well-wishin’ money, but Nokia’s hoping the investment will cement their platform position against the ever increasing pressure of the iPhone, Google Android, and Windows Mobile.

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