Nokia sells off Qt app development platform

Nokia sells off Qt app development platform

Nokia has continued selling off parts of its business, disposing of the Qt development platform to Finnish IT services firm Digia.

The value of the platform was not disclosed in the acquisition announcement. Digia bought Qt's commercial licensing and professional services from Nokia last year. As part of the deal, 125 Nokia staff will transfer to its new owner.

Qt is a means of developing apps for Nokia's former MeeGo and Symbian operating systems. Digia said it will get to work on enabling it across Android, iOS and Windows 8 platforms.

Nokia head of strategy Sebastian Nyström said: 'Nokia is proud of the contributions we've made to Qt over the past four years. We are pleased that we've been able to work with Digia to secure continued development of Qt by the current core team. Digia's plans to acquire Qt mean that it can continue as a successful open source project and also offer continuing employment for many people in the community.'

Nokia has been selling off what it deems as non-essential parts of the business as it bids to improve its financial fortunes. In June, it announced the sale of its luxury phone arm Vertu to private equity firm EQT.

Editor: Graeme Neill

Written by Mobile Today
Mobile Today

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