Nokia Acquires Symbian - Goes Open Source

"Nokia to continue their dominant market share with their open source OS"

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Nokia Acquires Symbian - Goes Open Source Symbian OS logo
The Symbian OS is a proprietary operating system designed for mobile devices; a descendant of Psion's EPOC and runs exclusively on ARM processors. Since its humble beginnings formed as a partnership between Ericsson, Nokia, Motorola and Psion, Symbian OS has steadily risen to be the operating system of choice for mobile phones.
Today Nokia has decided that it will acquire the remaining share in Symbian OS, and then open source the platform:
Nokia have today announced that they will be acquiring the remaining 52% of Symbian they don’t own and will be releasing the complete Symbian platform under the Eclipse open source license. Nokia have also announced the creation of the Symbian Foundation, which is an alliance of mobile vendors and application providers that any company can join. The foundation will oversee the process of releasing Symbian under a new open source license, and then retain the long-term control and trademarks of the operating system.
There is certainly no denying that Symbian OS has the dominant share of the smartphone market, but why would Nokia pour more money into it to only then open source the platform?
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