Follow TechBlips on Twitter
Mobile Software Firm UIQ Files For Bankruptcy
mocoNews —
... Nokia's acquisition of the mobile operating system. In November, UIQ warned its 200-strong staff that they were facing layoffs, after SE and Motorola said they would stop using its software. The two handset makers agreed then to fund the firm for a couple of more months for the company to explore of its options. Obviously, they weren't very good ones. "There are no opportunities to create a new line of business in the current financial climate," UIQ Chief Executive Johan Sandberg told Reuters. ...
UIQ says bye-bye, files for bankruptcy
Tech Ticker —
... Sony Ericsson and Motorola started showing disinterest in the abilities of the platform. This resulted in both the companies announcing their decision to move away from UIQ in search of greener pastures (read Android).
Nokia’s Symbian Foundation did come in for some relief but UIQ eventually succumbed. Johan Sandberg, UIQ’s Chief exec said their filing of bankruptcy is because of “no opportunities to create a new line of business in the current financial climate.”
[Reuters via Electronista|Image]
Advertisement ...
