Nokia Phone's

All About Nokia Mobile's
 
HomeHome  PortalPortal  CalendarCalendar  FAQFAQ  SearchSearch  RegisterRegister  MemberlistMemberlist  UsergroupsUsergroups  Log in  

Share | 
 

 AAS News: Nokia to acquire Trolltech

View previous topic View next topic Go down 
AuthorMessage
The PROGRAMMER
WEB MASTER
WEB MASTER


Posts : 123
Join date : 2008-01-13
Age : 29
Location : Daburia

PostSubject: AAS News: Nokia to acquire Trolltech   Mon Jan 28, 2008 7:37 pm

Published by Rafe Blandford at 10:07 GMT, January 28th 2008


Nokia today announced that it would acquire Trolltech a company
which provides software development platforms and frameworks. Trolltech
is best known for its Qt product, a multi-platform graphical
user-interface framework. Qt is used in KDE, the web browser Opera,
Skype and Google Earth applications. Nokia intends to use Qt to enable
cross platform development environments. 


Another Trolltech product is Qtopia, an application
platform for Linux devices, a subset of this product Qtopia Phone
Edition is aimed at mobile phone usage.
 
Nokia
will offer NOK 16 per share in cash for TrollTech suggestion an overall
valuation of approximately £84 million. The acquisition is subject to
the usual regulatory and share holder approval. Nokia expects to
complete the acquisition in Q2 2008.
 
Nokia
indicates that the acquisition of Trolltech will enable it to
accelerate its own cross-platform software strategy for mobile devices
and desktop applications. Developers will be able to create
applications that work in the Internet, across Nokia's device portfolio
and on PCs. Nokia will enable this by providing cross platform
development environments. This is an existing part of Nokia's developer
strategy (Web runtime, Flash, Java and Open C are current examples of
cross platform environments). However Qt has, potentially, a greater
ability to link PC and mobile development that other technologies that
Nokia utilises. 
 
 
 
Here is a slide from the Nokia press announcement that shows Nokia cross platform strategy in relation to Trolltech.
 
Thus
the acquisition can be seen as the purchase of an essential building
block in enabling its software and Internet services strategy. A key
part of the thinking behind Ovi was that it would be cross platform
(recall that Ovi has a mobile, Web and PC component) and would embrace
open technologies.
"The
technology landscape evolves and, for Nokia, software plays a major
role in our growth strategy for devices, PCs and the integration with
the Internet. We continue to focus on areas where we can differentiate
and add more value. Common cross-platform layers on top of our software
platforms attract innovation and enable Web 2.0 technologies in the
mobile space," said Kai Öistämö, Executive Vice President, Devices,
Nokia. "Trolltech's deep understanding of open source software and its
strong technology assets will enable both Nokia and others to innovate
on our device platforms while reducing time-to-market. This acquisition
will also further increase the competitiveness of S60 and Series 40."
The
acquisition further burnishes Nokia's open source credentials and
affirms its strategy of an open approach to technology. It gives Nokia
a considerable talent pool and culture of open source use and creation
and makes it a significant part of the open source community.
"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"."
Nokia
will continue to develop Trolltech product portfolio and continue to
license Trolltech's technology under both open source and commercial
licenses. 
 
Trolltech is best known in the mobile space for its Qtopia software platform. Notable has been the release of its Greenphone and related products and SDKs. Due, at least partially, to its activities in this space Trolltech is a member of LiMo Foundation,
an alliance aimed at creating a Linux based software platform for
mobiles phones. This can be seen as a direct competitor to Nokia's S60
platform. However it is likely that Nokia considers the Qt related
assets as the driving force behind the acquisition, although the assets
related to Qtopia should be carefully noted too.

_________________
THE ADMIN OF THE SITE
Back to top Go down
View user profile http://nokia.forum0.biz
 
AAS News: Nokia to acquire Trolltech
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» Latest News on DCC
» NY Dailyl News - Why so gray? Gerard Butler showing signs of old age - at 40 - with silver hairline
» Dallas Morning News blurb about Gerry at Lakers/Mavs game
» News: Forbidden Planet in NYC to hold a celebration for Sailor Moon!
» Rutgers News

Permissions in this forum:You cannot reply to topics in this forum
Nokia Phone's :: NOKIA Phone's :: OS 9.1 9.2 :: New's & article's-
Jump to: