Mobile tech news is reporting that Nokia will acquire Trolltech ASA, a recognized software provider with world-class software development platforms and frameworks. Speculations are that in addition to the key software assets, its talented team will play an important role in accelerating the implementation of Nokia’s software strategy. The deal is reportedly worth .16 cents per share cash.
From the press release:
“Trolltech and Nokia share the goal of accelerating the adoption of Trolltech’s Qt based technology in the commercial market and in the open source community,” said Haavard Nord, CEO and founder of Trolltech. Eirik Chambe-Eng, Chief Troll and co-founder of Trolltech continues “We are thrilled to join forces with Nokia. The company’s innovative culture and resources will give our employees new and exciting possibilities and fulfill our vision of “Qt everywhere”.”
In October, Nokia announced an $8.1 billion acquisition of map data specialist Navteq.
