Finland-based Jolla Oy, developer of the Linux-based Sailfish OS for mobile devices as well as the creator of their namesake Jolla Phone and the soon-to-be-released Jolla Tablet, have announced that it will be restructuring the company. As per their official press release [pdf], the company has placed former Chairman of Board Dr. Antti Saarnio as its new leader, while former CEO Tomi Pienimäki has been appointed to a position outside of the company.
The press release states that a new company will be created to continue their hardware business while Jolla Oy (referred to as Jolla Ltd. in the press release) will be focusing its attention solely toward developing and licensing Sailfish OS itself.
(Score: 3, Informative) by kadal on Wednesday July 08 2015, @08:35PM
Isn't this what Palm tried to do?
Yup. It is. Source: https://en.wikipedia.org/wiki/Palm_(PDA)#Recent_history [wikipedia.org]