14 DAY TRIAL // Finnish mobile phone maker Nokia has reportedly acquired Oslo, Norway-based Smarterphone, the company that builds an operating system for feature phones.
The purchased was completed in November 2011, a recent article on Techcrunch notes. The financial terms of the deal were not disclosed.
The company was founded by investment firm Ferd Capital, as well as Innovation Norway, Trolltech Founder, Haavard Nord, and Management Consultant, Lars Øberg. The company was previously known as Kvaleberg AG.
The company's software was aimed at offering handset vendors the possibility to put smartphone-like looks and capabilities on basic phone models.
For the time being, it's unclear what Nokia has in store for Smarterphone’s platform. The leading mobile phone maker already uses three platforms for its devices, including S40, Symbian and Windows Phone (though it will drop Symbian in the next few years).