Morning Coffee Mar 08 2011

All or Nothing for Nokia

By john shinal

Nokia is selling part of a unit whose technology helps businesses develop applications for its Symbian mobile phone operating system, further proof that software development at the handset giant will be focused almost exclusively on Microsoft's Windows Phone OS.

While Nokia will still be in charge of developing the software framework for the business, called Qt, it's selling the software licensing and professional service business to Digia, a Finnish software company. It's also transferring to Digia 3,500 business customers who use its embedded and desktop software.

The move suggests Nokia CEO Stephen Elop, a former Microsoft exec, is burning his bridges while he retreats from the company's past efforts on Symbian, which not long ago was the world's dominant mobile operating software. Another report out today suggests why: Microsoft is paying Nokia more than $1 billion to make the switch to Windows. (VentureBeat)

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