Jolla’s Former Management Acquires The Business

Jolla’s Former Management Acquires The Business
Jolla’s Former Management Acquires The Business

It’s been a number of years since many in the Linux/open-source space have been excited by the Jolla smartphone efforts with their failed smartphone/tablet devices and more recently focusing their Linux-based Sailfish OS devices for running on existing devices. The latest chapter in Jolla is the former management acquiring the Jolla business.

Jolla announced today that the entire business and staff of Jolla Ltd is being transferred to a new company as the former management acquires Jolla’s business. This change is being done in part over concerns of Russian ownership within Jolla’s group structure. Jolla negotiations with their Russian interests failed and the Finnish restructuring process was done to address this deadlock.

Jolla Sailfish OS

The new company will continue working on Sailfish OS and selling it to customers worldwide. They are also working to bring Sailfish OS into a new “AI era” of computing.

Jolla will also be working on providing software to the automotive industry and that will be done via its own subsidiary called Seafarix.

More details on this latest shift at Jolla via today’s press release.