STOCKHOLM Jan 5 Software company UIQ, jointly
owned by Sony Ericsson (6758.T)(ERICb.ST) and Motorola MOT.N,
has filed for bankruptcy in a district court in Sweden, the
company's top executive said on Monday.
The software developer, which is based in Sweden, began
cutting staff six months ago after its owners decided to merge
its software with the Symbian platform.
World number one mobile handset maker Nokia NOK1V.HE last
month finalised its acquisition of Symbian and has pledged to
make the software available free of charge.
"There are no opportunities to create a new line of business
in the current financial climate," UIQ Chief Executive Johan
Sandberg told Reuters.
The company has around 200 employees.
(Reporting by Niklas Pollard, editing by Will Waterman)