Digia to buy Nokia’s Qt software business
Digia, the Helsinki-based software firm, has signed an agreement to acquire Qt software technologies and Qt business from Nokia.
Following the acquisition Digia becomes responsible for all the Qt activities formerly carried out by Nokia.
These include product development, as well as the commercial and open source licensing and service business. Following the acquisition, Digia plans to quickly enable Qt on Android, iOS and Windows 8 platforms.
Digia said it aims to ”improve its position within the Qt ecosystem by further strengthening Qt’s R&D capabilities and expanding its reach on many more platforms than ever before”.
“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, International Products, 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,” said Laitinen.
Digia forecasts the acquisition’s impact on its 2012 revenues to be positive. In the following years, Digia forecasts the Qt business to grow.
As part of the transaction, a maximum of 125 Qt people from Nokia will transfer to Digia, mostly based in Oslo, Norway and Berlin, Germany. This business transaction will significantly strengthen Digia’s product business and supports Digia’s strategic objective to grow internationally.