Nokia buys Nordic OS developer
Business news
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By
eeNews Europe
Smarterphone was founded as Kvaleberg AS in 1993 and has developed an integrated operating systems and software application suite for mid- and low tier mobile phones (feature phones) known as Smarterphone OS.
The acquisition was revealed by Smarterphone investor Ferd Capital.
The Smarterphone OS is reported to be and advance on what Nokia has in terms of Symbian and is able to offer certain in-demand software features, such as Facebook, Twitter and YouTube uploads on low-end hardware platforms.
Ferd had invested about 5.6 million euro (about $7 million) by January 2011
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