Reuters: Technology News: Nokia sells Qt software business to Finland's Digia

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Nokia sells Qt software business to Finland's Digia Aug 9th 2012, 07:14 Tweet Share this Email Print Related News UPDATE 2-NORDIC STOCKS - Factors to watch on Aug 9 2:24am EDT Apple won't include YouTube app in new mobile software Tue, Aug 7 2012 Nokia links up with Groupon to promote deals on phone maps Wed, Aug 1 2012 Nokia shares jump on talk of Lenovo interest Wed, Aug 1 2012 Lenovo executive dismisses Nokia bid talk as "joke" Wed, Aug 1 2012 Analysis & Opinion Counterparties: Why big companies are bad at innovating Mobile phones made by Nokia are pictured in this photo illustration taken in Warsaw May 8, 2012. Credit: Reuters/Kacper Pempel HELSINKI | Thu Aug 9, 2012 3:14am EDT HELSINKI (Reuters) - Struggling cellphone maker Nokia has agreed to sell its Qt software business to Finnish IT services firm Digia Oyj as part of its strategy to sell off non-core assets. The companies did not disclose the value of the deal, which analysts said was a fraction of the $150 million Nokia paid for Norway's Trolltech in 2008. The software is used by some 450,000 developers for making applications for some 70 industries. Up to 125 employees working on developing and licensing the software will move from Nokia to Digia, the companies said on Thursday. Nokia bought the software through its acquisition of Trolltech and it was a central part of its strategy until 2011 when it decided to swap its own smartphone software for Microsoft's Windows Phone. Digia said it planned to make Qt available for making applications for Apple's iOS platform, Google's Android and Microsoft Windows 8. (Reporting by Tarmo Virki; Editing by Mark Potter) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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