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Nokia's Trolltech Grab Hurts Rivals

Jan 29, 2008, 15:15 (1 Talkback[s])
(Other stories by Jennifer L. Schenker)

"At first glance, Nokia's Jan. 28 purchase of a small Norwegian open-source software company seems a confusing strategic shift. After all, the world's largest maker of mobile phones has long resisted the idea of using the grassroots Linux operating system in handsets, favoring instead homegrown software in its mass-market models and the Symbian operating system in its top-of-the-line smartphones.

"But analysts hailed the €104 million ($153 million) acquisition of Oslo-based Trolltech as a kind of strategic hat trick. In one stroke, Nokia has managed to defend itself against incursions into the mobile-phone business by Apple and Google, while potentially further accelerating the meltdown of rival Motorola..."

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