News has just rolled in that Ferd Capital has sold its portfolio company
Smarterphone AS (Formerly Kvaleberg AS) to Nokia Corporation which is
the world’s leading producer of Cell Phones. The transaction was already completed in November 2011.
Smarterphone is unique in offering a truly complete solution for mobile phone software. Smarterphone not only offers the complete software, but also handle any desired customization.
Smarterphone 3.0 is an all-encompassing mobile operating system for
wireless handsets, allowing
OEMs and ODMs to bring new, highly competitive devices to
the market quickly and at low cost.
Smarterphone 3.0 includes a state of the art application suite,
connecting the top-layer applications with the underlying platform,
targeting major carrier's strictest requirements.
The company was previously called Kvaleberg, and the product Mimiria. Now its changed to Smarterphone simply because we want to signal that we offer a smarter solution. Compared to conventional smartphones, our solution offers unique possibilities for differentiation, much lower handset BOM and total cost, and a truly integrated user experience of the connected phone, combining all electronic communication needs in one device.
Smarterphone delivers an operating system optimized for feature phones
but provides a user experience which parallels smartphones. The
operating system can be tailored according to user requirements and
markets. Smarterphone operates out of Oslo , Norway. It remains to be
seen whether Nokia will be replacing S40 with the work of its new
acquisition or uses it to enhance its own product.
