Finnish phone manufacturer Nokia has announced that it will absorb Symbian Foundation, effectively ending the two year spell during which the entity existed as an independent non for profit organisation dedicated to the promotion of the mobile phone OS.
The world's biggest phone manufacturer said in a statement that it plans to "continue to invest its own resources in developing Symbian and expects to deliver a strong portfolio of Symbian-based smartphones to people around the world."
Symbian will move from its current operation activities to become a licensing operation only. This means that up to 75 out of the 100 jobs at Symbian will disappear in the short term according to the Register.
The online news website also understands that the Symbian Foundation may disappear as early as April 2011.
The news came as a bombshell as Nokia is preparing for the annual Symbian Exchange and Exposition (SEE) 2010 event in Amsterdam, Netherlands which starts tomorrow.
The company is expected to exhibit a number of Symbian-based smartphones and we suspect that they will have a number of questions to answer especially when it comes to the very future of the platform.
It seems evident though that Nokia is trying to tighten loose ends and the press release announcing today's move does mention the fact that Nokia's decision "to focus on Qt as its sole application development framework" should bring "greater efficiency and speed of evolution to the Symbian platform".