Motorola breaks Psion wireless deal

The announcement comes two days short of a year after the two companies embarked on their joint mission to create hand-held devices with integrated voice and data capabilities. Motorola's bowing out is consistent with the company's recently announced moves to streamline its portfolio and focus on its core strengths, Psion said in a news release.

In accordance with the terms of the termination agreement, Motorola will waive repayment by Psion of $US7 million and will pay another $US1 million. In addition, Psion will retain certain intellectual property rights contributed by Motorola. In return Motorola continues to have access to certain rights regarding Psion's Halla processor.

Psion, maker of PDAs (personal digital assistants), said the discontinuation of the partnership will result in a reduction in 2001 pre-tax profits of about 12 million pounds ($17.5 million).

Motorola will refocus on developing a multifunctional smart phone, to be launched in 2002. The phone will use the EPOC operating system developed by Symbian Ltd., which is jointly owned by Motorola, Psion, Nokia, Ericsson, and Matsushita Electric Industrial.

Psion said it will continue work on a communicator product based on Symbian's Quartz platform, which was developed in part with Motorola. However, Psion said it is "evaluating a range of options for its completion in the light of the significant additional development cost and a launch in the first half of 2002."

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Joris Evers

PC World
Show Comments

Father’s Day Gift Guide

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?