Nokia and Sasken tie up deal over German unit
By Ben Robinson on Wednesday, June 11th, 2008 at 3:21 AM PST In Multimedia, Nokia
Nokia (NYSE: NOK) has said that it has now completed transfer of its “adaptation software R&D unit” (the one in Bochum, Germany) to Sasken Communication Technologies
As we know, Bochum lept in to the news in January when Nokia decided to close its cellphone plant, cutting 2300 staff. Apparently this deal means that 35 people at least will be able to continue employment.
In case you are wondering who Sasken are, let me enlighten you – these are the guys that are responsible for the entire Multimedia subsystem in a number of Motorola (NYSE: MOT) devices – the RIZR being one of the first:
“Sasken’s new application on Motorola’s new phone acts as the core to the video and photo capture applications. Sasken’s multimedia application suite is a range of multimedia applications such as media browser, media capture and media player along with codecs for handset manufacturers. Sasken also has a similar tie-up with NTT DoCoMo (NYSE: DCM) phones developed by Panasonic (NYSE: PC), launched in April this year, but that is limited to Japan.”
[Story via: Reuters India / Quote via: The Economic Times]
