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Nokia acquires Trolltech

January 29th, 2008 · No Comments ·

At first glance, Nokia (NOK) on January 28 purchase of a small Norwegian open source software, companies seem staggering strategic reorientation. However, the world’s leading manufacturer of mobile phones has long resisted the idea of the basis of the Linux operating system and mobile phones, to encourage, rather than its own software, mass-market models and the system Symbian operating in the “top-of-the Online smartphones.

But analysts welcomed € 104 million ($ 153 million), buying the Oslo-based Trolltech as a kind of strategic coup. In one stroke, Nokia has managed to protect itself from attacks in the affairs of the mobile Apple (APPL) and Google (GOOG), while others might expedite the merger of rival Motorola (MOT ). “Nokia has reacted very quickly, what Google and others,” says Ben Wood, board director at British mobile CCS Insight.

Trolltech is successful in a corner, but the business growth of mobile telephony, widely used software tools to create programs that can run on a wide variety of devices, mobile phones on PC Consumer Electronics. Although the roots of the company are available at the Open Source, and many of its customers also use Linux, the software supports up to the mobile version of Microsoft (MSFT) Windows.

Why Nokia? Although the Finnish giant still does most of its money in mobile phones, it is also another ramification gizmos mobile and online services (BusinessWeek.com, 8/29/07), mobile phones, PCs , televisions, or even more. Analysts say Nokia is likely to use technology Trolltech to develop applications, different on these devices.

Tags: Cell Phone

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