The news of the purchase, which was actually completed last November, comes straight from investment firm Ferd Capital, which pumped 6.5 million euros into Smarterphone since 2007.
Other backers of Smarterphone – which was formerly known as Kvaleberg AG, after founder Egil Kvaleberg – include Innovation Norway, Trolltech founder Haavard Nord and management consultant Lars Øberg.
Smarterphone specializes in software that allows handset makers to equip basic models of phones (aka feature phones) with smartphone-like looks and certain capabilities.
Whether Nokia will keep Smarterphone’s platform as a third option for its devices, aside from S40 and Windows Phone, or if this was more about buying talent and know-how, remains unclear.
Financial terms of the deal were also not disclosed.
Smarterphone is unique in offering a truly complete solution for mobile phone software. Smarterphone not only offers the complete software, they also handle any desired customization. They take the software through all project phases, up to and including FTA and operator homologation, and in this manner they can offer the shortest time-to-market, lowest risk and lowest total cost.
NOKIA is a Finnish multinational communications corporation. It is primarily engaged in the manufacturing of mobile devices and in converging Internet and communications industries. They make a wide range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia is the owner of Symbian operation system and partially owns MeeGo operating system.