Nokia Sells Qt Licensing Business to Digia
Nokia has decided to sell its Qt licensing business to Digia as the company will focus on Windows Phone moving forward.
Nokia recently decided to team up with Microsoft when it comes to next-generation mobile devices based on Windows Phone 7 etc. In that regard, the company has also decided to sell its Qt licensing business to Digia, which plans to employ 19 persons from Nokia's technical consulting services team and global Qt Commercial sales and marketing teams.
Digia will invest in the development of Qt as a commercial framework. In particular the plan is to emphasize Qt in the desktop and embedded environments and to examine new support models and functionality requests. Digia will provide commercial customers with improvements in support and functionality for older platforms that were not on the Nokia development roadmap. The holders of a Qt commercial license will be informed about the details separately.
Digia is based in Finland, but will establish subsidiaries in USA and Norway as part of the transaction. The use of Qt as an application and UI framework has been growing since Nokia's acquisition of Trolltech in 2008. Qt is actively used by around 3500 desktop and embedded customer companies which will be transferred to Digia upon closing. The commercial customers represent a broad range of industries, e.g. consumer electronics, finance, aviation, energy, defence and media.
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