SDA India is an online resource for Software, Development,IT, Architecture, Open Source, Mobile, Security, Databases, Delphi, C, OS, Asp, .Net, Php, Xml, Java

Enterprise solutions Enterprise IT Architecture Information Security Wireless And Mobility Hardware & Networking Data & Storage
Average Rating Rate this article Poor Below Average Average Good Excellent
1 2 3 4 5
Trolltech’s Acquisition By Nokia Likely To Benefit The Latter



Nokia Corp. recently announced that it made an all-cash offer for Norwegian software-application developer Trolltech that values the company at 843.7 million Norwegian kroner approx. USD 153.4 million.

The acquisition of Trolltech will allow Nokia to accelerate its cross-platform software strategy for mobile and desktop devices and further develop its Internet services business. With Trolltech's technology, Nokia and third-party developers hope to develop applications that will work online, on desktop computers and on Nokia's own hardware.

Nokia said the Trolltech's Qtopia software technology will help in the spread of its Ovi Web portal. Qt is also used in a variety of widely used desktop software, including Skype's Internet telephony application, the Google Earth satellite photo browser, and Adobe Photoshop Album, now part of the Photoshop Elements image editor, according to Trolltech.

The framework is available under commercial and open-source licenses: it is also used by the developers of KDE, a desktop environment for Linux operating systems. Trolltech recently updated the licensing conditions for Qt, making the code available under the GPLv3 license in addition to the GPLv2 license it already uses.

The Trolltech team will become part of Nokia's research and development group, where it plans to continue its work with the developers of KDE.

"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," stated Haavard Nord, CEO and founder of Trolltech, in a press release.

The acquisition depends on several conditions, including the approval of shareholders and regulatory approvals. The Trolltech board unanimously recommended that its shareholders accept the deal. The two companies expect to complete the acquisition in the second quarter.

The Trolltech deal is a major headache for Motorola, because the struggling No. 3 handset maker uses Trolltech's Qtopia software in all of its Linux-based phones. By gobbling up the Norwegian company, Nokia gains even more control over the software supply chain and Motorola may lose a key supplier, notes Neil Mawston, director of wireless device strategies at tech consultancy Strategy Analytics. Motorola also uses software from Symbian, which is owned by a consortium of mobile-phone makers and majority-controlled by Nokia.


Post a Comment
Name
Title
Comment
From the News Desk
Avaya, a global provider of business communications applications, software and services, …
Computer giant Hewlett Packard (HP) Friday revealed plans of operating a …
Microsoft, competing against Google search for search market share, previously offered …
Acision announced that their SMSC systems delivered a total of 11.6 …
Consumer goods manufacturers and retailers continue to adopt RFID (Radio Frequency …
ABI Research released its latest Vendor Matrix in worldwide mobile network …
A new global survey shows that whilst most companies have a …
Articles

The last few years’ have witnessed alarming rates of employee churn and the modern world has termed this employee turnover as ‘Attrition’. The decision of ending association lies solely with employees but the organization plays a major role in decision making. Location preference, work environment, monetary dissatisfaction or personal priorities are …

Today we have easy access to software products in the market, with just a single degree of separation between the producer and the consumer. This has created new opportunities as well as problems, foremost among them being counterfeiting and piracy.Emerging and Existing Forms of PiracyIn 1929, Edwin Hubble, discovered …

Coping with a sea of data Enterprise backup policies haven’t evolved all that much in recent years. Backup data is still, for the most part, written to magnetic tape each night, duplicated and then sent off-site to meet disaster recovery needs. Of course, disk already plays a role in …
Interviews

SOA is a principle of creating software functions as services, to enable alignment of business processes and related IT assets to meet change in business needs, leading to business agility, reduction in time to IT and cost to IT. SDA-India.com in conversation with Mr. K.R.Sanjiv on how does Service Oriented Architecture contribute to business …

Agile is a set of principles and practices for how to develop software and Scrum is a management methodology for implementing agile principles. SDA-India.com in conversation with Mr. John Scumniotales, VP of ALM Products, Serena Software. …

We are currently in the process of developing an Enterprise Information Management suite that would enable efficient management of both the structured and unstructured data of large organizations and provide a personalized digital dashboard to all the stakeholders to view critical reports and important documents. SDA-India.com in conversation with Mr Shastri, Chairman and Managing …
RSS
more »                                   
Menu
News Desk
Feature Stories
Articles
Interviews
Case Studies
White Paper
Analyst Corner
Planet SDA-India
SDA Events
INDIA IT Event Calender
IT Jobs
Advertise