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The woes continue for Jolla, the Finnish producer of mobile devices and the Sailfish mobile operating system.
Tech.eu reports
The company just announced (PDF) that its latest financing round--which was scheduled to conclude at the end of this month--has been postponed indefinitely.
Jolla says it needs to "adjust its operations accordingly", which means it will temporarily lay off a big part of its staff, starting in December. The Helsinki-based company has also filed for a debt restructuring program in Finland to stay afloat.
[...] Reportedly, half of Jolla's 100 employees will be let go.
[...] Earlier this year, the company split in two, effectively separating (PDF) its software and licensing business from its mobile devices business.
Jolla says its Sailfish OS has "reached commercial maturity" and is ready to be licensed to commercial partners, primarily other device manufacturers.
[...] Antti Saarnio, chairman and co-founder of Jolla, [...] remains convinced that Sailfish OS is "worth fighting for" and believes Jolla can still become a profitable venture, hence the corporate restructuring program.
(Score: 5, Interesting) by frojack on Sunday November 22 2015, @07:54PM
The phone, and he elusive tablet are from the Device side, and both look more and more like abandon-ware devices that will never see version two.
The software might live on, but even that is doubtful without some white knight buying them up.
Rumor has it that what is left of Nokia (the pieces not gobbled by Microsoft) might come to the rescue.
(Some suspect Jolla (which means small boat, or maybe lifeboat) might have been a hiding place for Nokia development projects and engineers to survive the Microsoft buyout with the plan of eventual reuniting with the remainder of the Nokia mother-ship. The fact that just about all of of the parts of Nokia that Microsoft did purchase have been shuttered lends more credence that Nokia might have played Microsoft.)
Still it doesn't look good at this point because Jolla still hasn't delivered the tablet, now expected to ship by the end of November, which is something like the third or fourth delay. see https://blog.jolla.com/ [jolla.com]
They've had manufacturing issues with their China tablet supplier. Nothing but sampling sized quantities have been delivered to a few select users. They are running a real risk of defaulting on their Indiegogo crowd funding campaign [indiegogo.com].
Disclaimer: I bought into the Indiegogo campaign for the Tablet, and am a little unnerved by the cascade of delays. I still expect to eventually receive the device, perhaps only to have it abandoned by Jolla.
No, you are mistaken. I've always had this sig.
(Score: 2) by Runaway1956 on Sunday November 22 2015, @08:58PM
This all saddens me. I had high hopes for them. They told a nice story, and they had pretty devices. I hit their site twice, thinking real hard about buying in, but I didn't click the button because there was some nonsense about only shipping to the EU at the time.
We're gonna be able to vacation in Gaza, Cuba, Venezuela, Iran and maybe Minnesota soon. Incredible times.