
Nokia has just reported that it
has received a $630 million loan from the European Investment Bank to
help it develop the Symbian operating system and stay relevant in the increasingly competitive mobile operating system war. Looks like
Nokia's move last summer to buy out the remaining shares of Symbian for $410 million was more prescient than many people realized. Along with that move, Nokia also put the Symbian operating system on an open source course. Just this week, at the Mobile World Congress in Spain,
vendors lined up behind Symbian, LiMo's Linux-based operating system, and Android. $630 million is a lot of money. Will it change Symbian's fate, and how does it affect LiMo and Android?