updated 09:15 am EST, Mon March 7, 2011
Nokia sells off commercial Qt business to Digia
Nokia is in the process of selling off its Qt development framework to Finland's Digia, the companies announced on Monday. The deal will see nearly 3,500 desktop and embedded customer companies in various industries come over to Digia, though Nokia said it will continue to invest in future development of Qt for mobile, desktop and embedded segments. Details of the deal, which is expected to be completed by the end of March, haven't been revealed.
As a direct result of the deal, Digia will open subsidiaries in the US and Norway. The commercial industries include consumer electronics, finance, aviation, energy, defense and media.
Nokia used Qt for developing software for its Symbian and MeeGo operating systems, though now that the company is moving to Windows Phone 7 devices, it chose to sell off licensing for the framework. Nokia acquired Qt as part of the buyout of Trolltech in January of 2008.