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:Nokia Completes Trolltech Acquisition
Nokia Completes Trolltech Acquisition
Jun 19, 2008, 20 :15 UTC (0 Talkback[s]) (5083 reads)

"Finland-based handset manufacturer Nokia announced that it has completed its acquisition of Trolltech. The Norwegian software firm's development talent--together with its Linux-compatible 'Qt' application development framework--is likely to help Nokia improve its cross-platform support, and expand its presence in the Linux mobile device market.

"The acquisition was estimated to be worth $150 million when it was announced in late January. Its completion comes on the heels of a June 5th announcement by the European Commission that it had unconditionally approved Nokia's voluntary tender offer for all Trolltech shares. Trolltech will be delisted from the Oslo Stock Exchange as of today, says Nokia..."

Complete Story

Related Stories:
Motorola Responds to Nokia's Trolltech Buy(Jan 31, 2008)
Nokia: $150M to the Trolltech Under the Bridge(Jan 31, 2008)
Potential Impact of Nokia's Trolltech Acquisition(Jan 29, 2008)
Nokia's Trolltech Grab Hurts Rivals(Jan 29, 2008)



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