SysOpen, Digia, YOMI - A Circle of Success?

The smartphone market is one of the youngest and most interesting markets in the ICT sector. The market is establishing itself at the moment, but we do not know yet where is it going, is it going to be successful, who are going to be the big players? A trend is strongly going into the direction of using smartphones which offer more benefits then standard 'normal' mobiles. But it is highly depending on other developments as well: is the content offered interesting enough to attract the customer's attention? Is the technology needed to offer the service stable enough, will it be acceptable and affordable? These are important questions for the success which the future will give the answers to - for now the perspective for the market is excellent - but the industry has to be careful to not having to live another WAP-nightmare.
SysOpen and Digia are two players on the content delivery side of the smartphone market. Both located in Finland, they merged their operations in 2005, followed by the acquisition of another Finnish company on the smartphone market, YOMI Software. The main part of this term paper is the evaluation of those mergers and acquisition (M&A's). After an introductory view on M&A's in theory, where purposes, risks, advantages and disadvantages are discusses, we will get deep into the M&A's within and around SysOpen Digia and figure out: How do those companies stand to each other, what are the purposes behind their M&A activities and what benefits and future opportunities does SysOpen Digia have.
We will take the suggestions on the M&A activities one step further afterwards by coming closer to an answer on the question if SysOpen, Digia and YOMI can build a 'circle of success'? Therefore, we will discuss about the future opportunities of SysOpen Digia on the smartphone market. The investigations will offer a possible scenario where SysOpen Digia is going to and how their future positioning within the market could look like.