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Nokia Sells Qt Licensing to Digia

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Mar 7, 2011, 8:36 AM by Eric M. Zeman

Nokia today announced that it is offloading its Qt licensing business to a company called Digia for an undisclosed sum. Once the deal closes, which is scheduled for the end of March, Digia will be responsible for the commercial licensing and service operations business of Qt. According to Nokia and Digia, about 3500 desktop customers will be transferred to Digia. Nokia will continue to invest in Qt, as will Digia, which says it plans to focus on bolstering desktop and embedded Qt development environments. Digia will be responsible for all commercial support moving forward, and will acquire about 19 technical consultant and marketing employees from Nokia. Nokia said it sold the Qt licensing operation because it wasn't a core part of its business. Nokia originally purchased the Qt business from Trolltech in 2008.

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