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Nokia Buys Trolltech

egil writes "Trolltech announced this morning (CET) that they have accepted a bid from Nokia to buy the entire company. The bid was for 16 NOK per share, which values the company at an equivalent of approximately 150 million USD. The stock currently trades at 15.70 on the Oslo stack exchange, up from around 10 on Friday. The offer has already been accepted by the Trolltech BOD."

18 of 311 comments (clear)

  1. Lovely by david@ecsd.com · · Score: 5, Funny

    Now, I suppose, when KDE boots up it's going to play that annoying, "bee de do deh, bee de do deh, bee de do doo dah."

    Can't wait.

  2. Parent post is GMAA Final Measure by tomhudson · · Score: 5, Informative

    Gee, I haven't seen that one in ages.

    Last time was from zoy.org.

    Warning - if you're a windows user, don't click on it - it steals your browser's clipboard contents.

  3. Smart move! by superash · · Score: 5, Insightful

    Now that Nokia has got the OpenC and the PythonForS60 community growing rapidly, there was need for a better UI which I think will be provided by Qt. More developers -> more apps -> high user base.

  4. Re:KDE Qt Free Foundation by morgan_greywolf · · Score: 5, Interesting

    I really hope that the KDE Qt Free Foundation agreements are valid because I have a gut feeling that they will be tested in court soon... Interesting. TFA states that Nokia plans to continue to develop Qt, though, and will continue to offer it under both open source and commercial licenses, just as things are now.

    I assume that means as long as Nokia continues to develop Qt in the same manner (keeping Qt Free available for KDE), then the agreement doesn't apply.

  5. Re:KDE Qt Free Foundation by spectrokid · · Score: 5, Insightful

    Why? Nokia does not make OS'es or IDE's. They make mobile phones, and they are pretty fucking good at it. If they get a good QT, they can release multiplatform PC software for synching their phones to Any OS(TM). The more it is open, the better the quality will be. Remember they are competing against Windows Mobile. I have a HTC and I have to say, under windows the cooperation between PC and mobile is near perfect. (I miss writing SMS-es from the PC keyboard though...). Having a cross-platform, open and good quality dev platform will help them whacking MS where it hurts. I, for one,..... ;-)

    --

    10 ?"Hello World" life was simple then

  6. Damn by Anonymous Coward · · Score: 5, Funny

    Damn Nokia feeding the trolls.

  7. A Few Interesting Things by Bralkein · · Score: 5, Informative

    This being Slashdot, the summary's pretty light on details like for example what will happen to KDE and Qt's relationship with Free Software at large. Well, there is an open letter to the community, so you can read it here. The letter's pretty encouraging insofar as it reaffirms the Qt team's commitment to the current symbiosis, and it says that Nokia is going to become a "Patron of KDE"(TM). Additionally, the Free Qt Foundation offers protection in case a buyout turns things nasty.

    Having said all of the above, I can't help but remain a bit concerned about this turn of events. I was under the impression that Nokia have a rather tarnished reputation in the eyes of the Free Software world, since they seem to be pro-patents for software and there was that opposition from them concerning Ogg Vorbis as a web standard or something. Things like this make me worry. On the other hand, it seems like there is still a large gap between the cultures of proprietary software and free software, and maybe Nokia will gain a more balanced standpoint by getting involved with GPL projects like Qt. Ah well, I suppose we'll have to see how things turn out, but I don't really think a project the size of KDE can be killed so easily as this.

    Some other people have remarked that it's interesting that Nokia should acquire Qt, seeing as how they use GTK in a few of their products. It seems fine to me though - I reckon heterogeny is a pretty big part of what Free Software is all about.

  8. Re:KDE Qt Free Foundation by bytta · · Score: 5, Informative
    They have a whole page of announcements 'n' stuff, including an Open Letter to the Open Source Community, and a letter to QT customers.

    Seems like they really want to give the impression they don't intend to screw anyone over. Time will tell.

  9. So what happens to Maemo by GauteL · · Score: 5, Insightful

    .. and the investments Nokia has made into GTK+?

    And how will Nokia's competitors that currently use Qt for their mobile products take this?

  10. Re:KDE Qt Free Foundation by kripkenstein · · Score: 5, Interesting

    Interesting. TFA states that Nokia plans to continue to develop Qt, though, and will continue to offer it under both open source and commercial licenses, just as things are now.

    I assume that means as long as Nokia continues to develop Qt in the same manner (keeping Qt Free available for KDE), then the agreement doesn't apply.

    Yes, all Nokia needs to do is keep Qt development on a low burner to avoid BSD-ization of their code. Not hard to do.

    I don't see Nokia as interested in the Linux desktop, so I presume that part of Trolltech's work will not continue exactly as before; why pay the salaries of several KDE developers, for example - not sure Nokia will see the point in that. I don't predict immediate firings, though, but if I was one of them I wouldn't count on long-term job security. What I do see Nokia as wanting from Trolltech is everything related to mobile devices, Qtopia, all that stuff. So overall Qt may continue to be developed, but I'm not sure its focus won't move to one that is less useful for KDE.

    Of course, this risk with KDE basing itself on Qt was obvious all the time due to the licensing model there. It is probably part of the reason why all major distros have moved to GNOME.
  11. Nokia does develop software and lots of it by sjbe · · Score: 5, Informative

    Nokia does not make OS'es or IDE's. Nokia doesn't make operating systems? What do you think their phones run on? Nokia owns nearly 50% of Symbian which is an operating system. They also have other cell phones that run on different operating systems developed by them. Cell phones are just a specialized computer. True, they make use of some open source stuff but they develop a LOT more of what they use themselves or via subsidiaries. I attended a presentation made by the CEO of Nokia and he indicated that Nokia had over 14,000 software workers (this was about 5 years ago) alone. Now I can't verify that claim but I have little reason to doubt it. He made the claim that Nokia basically is a software company that happens to make cellular phones. A bit of an exaggeration perhaps but only a bit.
    1. Re:Nokia does develop software and lots of it by blosphere · · Score: 5, Informative

      Nokia doesn't write THAT much of their OWN software, they usually just outsource it.

      After the vendor fucks it up then they try to fix it, usually with not-so-good results.

      Disclaimer:
      I work for the company.

  12. Re:KDE Qt Free Foundation by Anonymous Coward · · Score: 5, Informative

    I don't see Nokia as interested in the Linux desktop Are you kidding. Why not go and take a quick search on Nokia Internet Tablets such as the 700/N800/N810 and you'll see they are very active in linux development. Also check out Maemo.org, which is developed by Nokia and is debian based. You might say that is specialized and not the "desktop" but it is very end user and it would be in Nokia's best interest to keep the development rolling.
  13. KDE is important for Trolltech and Qt by vdboor · · Score: 5, Insightful

    You're missing an important detail here. KDE is important for Trolltech and the continued development of Qt. The CEO of Trolltech explained a few weeks ago in fact that Trolltech became a successful company because of KDE, not despite KDE.

    Trolltech profits from the tons of feedback and publicity they get through KDE. In their first years they didn't have to do marketing at all! Qt has credibility in the commercial world because a complete desktop environment is built upon it. New Qt features or API's are pushed to their limits due to their immense use by KDE. This improves the overall quality of Qt, ability to reach enterprise customers, and we're back to square 1.

    Destroying that upward spiral would hurt Qt development. Trolltech knows this, and so does Nokia.

    * KDE also benefits from the relation with Trolltech, since they get an enterprise-quality toolkit in return. Trolltech also does the boring stuff which is typical for toolkit development (they can pay people to work on it!), and sponsors some KDE core-developers full-time.

    --
    The best way to accelerate a windows server is by 9.81 m/s2 ;-)
  14. Re:Just prooves - your data is worth more ... by Genom · · Score: 5, Funny

    TrollTech: $150 million
    MySQL: 1 BILLION!

    GTK: ?

    Priceless. There are some things money can't buy. For everything else, there's...aww heck, you know.
  15. Re:KDE Qt Free Foundation by vhogemann · · Score: 5, Interesting

    Hummm,

    It's nice to have GTK and all, but look at QT4, it has much more advanced features. KDE3.5 already has a smaller memory footprint than Gnome, thanks to QT4 KDE4 will have an even smaller footprint.

    There were the GreenPhone. Also, there's already a Windows Mobile port of QT4, proving that it's well suited for embedded devices. And QT4 has Java bindings, witch is widely used on cellphone development as it is sandboxed.

    Pehaps Nokia is looking into replacing Symbian with a Linux stack? Pehaps they found out GTK lacking? Pehaps they fell the need to be able to control more directly the development of their toolkit of choice?

    Time will tell.

    --
    ---- You know how some doctors have the Messiah complex - they need to save the world? You've got the "Rubik's" complex
  16. Good News by MrCopilot · · Score: 5, Interesting
    I see a lot of fear in the eyes of Geekdom. Relax my brethren.

    Your fear is unwarranted. My take on this: Nokia is a getting a little leary of MS gaining increasing control at Novell with their hand up Miguel.

    Besides, basing your products on GTK is hard, there I said it.

    QT is a programmer's dream to work with. Fully documented, Open Source, (or Closed if your PHB is twitchy) Cross compatible, and simple. Got a problem a shout out to the trolls usually clears it up. Licensor or not.

    Nokia makes hardware and wants to control their own destiny. Makes perfect business sense, but so does keeping the good will of the community. Recent foibles with the n700 taught them that.

    I use only KDE, I develop Desktop Applications and Embedded Devices using QT. It would be fair to call me a fanboy of the Trolls. I also have an unhealthy desire to own a n810, n700, and n800. The only thing holding me back was that I hate the GTK based Maemo toolkit. Recently KDE was ported, and with this development is making it difficult for me to contain the copious amounts drool.

    --
    OSGGFG - Open Source Gamers Guide to Free Games
  17. Re:NOK is Norwegian Kroner by sveinungkv · · Score: 5, Informative

    NOK is the ISO 4217 code for Norwegian Kroner, the currency of Norway. Nokia vil pay 16 NOK pr share for Trolltech.

    --
    Spelling/grammar nazis welcome (English is not my first language and I am trying to improve my spelling/grammar)