Nokia sells Qt business to Digia

Fiona Chau
10 Aug 2012
00:00

Nokia has agreed to sell its Qt software technologies and Qt business to Finnish software firm Digia for an undisclosed amount, as part of the struggling mobile handset maker’s strategy to sell off its non-core assets.

Nokia acquired the Qt Software through its $153 million acquisition of Trolltech in 2008.

The software is used by over 450,000 developers worldwide to support UI development.

Following the acquisition, Digia plans to quickly port Qt on Android, iOS and Windows 8 platforms, the company said in a statement released on Thursday.

“We are looking forward to welcoming the Qt team to Digia. By adding this world class organization to our existing team we plan to build the next generation leading cross-platform development environment.” said Tommi Laitinen, SVP of international products at Digia.

“Now is a good time for everyone to revisit their perception of Qt. Digia’s targeted R&D investments will bring back focus on Qt’s desktop and embedded platform support, while widening the support for mobile operating systems.”

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