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UIQ out of money, liquidation imminent

Chris Ziegler
January 4, 2009
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The writing's been on the wall for most of 2008, but it's now very, very official: UIQ is dead. The company's parents are unwilling (and / or unable) to pump any additional money into the failing software outfit, and considering that S60 has inherited the throne within the Symbian Foundation, Sony Ericsson and Motorola have abandoned the platform, and all of its employees have been warned of impending layoffs, there's really nothing left for UIQ to do than sell off its assets piecemeal to the highest bidders. We'd still give our right arm for a shot at a Paris, and with this fire sale coming on at UIQ HQ, who knows -- we might just have that shot after all.

Update: The bankruptcy filing is now official.

[Via Esato]





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