Jolla Separates Software and Hardware Businesses
Jolla today announced plans to split its operations into two separate companies. Moving forward, Jolla Ltd. will develop Sailfish OS and manage licensing for the platform. Jolla's hardware company will be spun off and reformed as its own entity. Antti Saarnio, Chairman of Board of Jolla, takes charge of leading Jolla Ltd. as CEO. Jolla's former CEO, Tomi PienimÃ¤ki, is leaving the company for another opportunity. Jolla said a new leader for the Jolla device business will appointed later this year. Jolla Ltd. will continue Sailfish OS and licensing operations immediately, but the company said the device business won't relaunch until the fall months. The company said it is still working to bring its Sailfish OS-based tablet to market. The tablet was offered through a crowdfunding effort. Jolla said the software is ready to go, but the company is having difficulties securing all the necessary hardware components. "Every young company has to find its clear focus at some time, and for Jolla that time is now," said Saarnio. "We have huge opportunities in the Sailfish OS licensing business, and I am very proud and excited to take responsibility of steering the Jolla ship to a new commercial phase. After three years of intensive Sailfish OS research and development we are now moving full speed to new bigger waters, which requires full focus on software from the team." Jolla was formed in 2011 by former Nokia employees. Sailfish OS is based on Nokia's discontinued MeeGo operating system.
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