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Nokia’s Trolltech Acquisition Approved

June 17th, 2008 by Chief

Nokia Tablet QTThe European Commission has announced that it has unconditionally approved Nokia’s acquisition of Trolltech. The move will enable Nokia to accelerate its cross-platform software strategy for mobile devices and desktop applications, and develop its Internet services business.

With Trolltech, Nokia and third party developers will be able to develop applications that work in the Internet, across Nokia’s device portfolio and on PCs. Nokia’s software strategy for devices is based on cross-platform development environments, layers of software that run across operating systems, enabling the development of applications across the Nokia device range. Examples of current cross-platform layers are Web runtime, Flash, Java and Open C.

Nokia intends to continue to enhance Trolltech products through active and ongoing development, for both desktop and mobile. To further stimulate industry innovation based on Trolltech’s products, Nokia plans to continue to license Trolltech technology under both commercial and open source licenses.

The Oslo Stock Exchange has decided to delist Trolltech ASA. The last day of listing will be June 17, 2008.

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