Jolla has achieved financial stability with a new ownership structure.
|With HMD set to explore its own smartphone brand, the possibility arises for them to experiment with alternative software to Android. While not necessarily a large-scale venture, they could consider releasing one model or ensuring compatibility with a different smartphone OS, perhaps one based in Europe.
A prime candidate for this collaboration could be Jolla’s Sailfish OS, the creator of the only commercially available Android alternative based in the EU. Given HMD’s commitment to a multi-brand strategy, they appear to be an ideal partner for introducing a Sailfish OS-powered phone.
However, I haven’t come across recent updates on Jolla, which made me curious about the company’s current status. For context, Jolla is a Finnish technology company renowned for developing the Sailfish OS, a mobile operating system. Several years ago, a stake in the company was acquired by a Russian business partner, causing challenges in 2022 due to well known geopolitical reasons.
Following the Russia-Ukraine conflict, Jolla engaged in negotiations with their Russian counterparts to determine the way forward. A resolution has been reached, and Jolla’s founders will be reclaiming the stake held by Russian businesses in Jolla LTD. This development signals Jolla’s imminent return to business, with a renewed focus on actively promoting their commendable OS, rooted in MeeGo or the software initially developed by Nokia for the Nokia N9.
In addition to these developments, Jolla has recently announced the establishment of a separate entity for its automotive business, named Seafarix. This subsidiary will be overseen by Petteri Paasila, Jolla’s former sales director . This will allow Jolla to concentrate their automotive expertise more effectively to cater to their crucial automotive clientele. The adept team at Seafarix will provide unique Android Framework integration solutions on top of Linux Platforms, enabling OEMs to seamlessly incorporate popular content into their native UI.
Jolla’s strategic moves, including reclaiming ownership and venturing into the automotive sector, showcase a promising trajectory for the company.
Source Jolla