Nokia Sells Its Qt Business to Digia
Nokia today announced that it has sold the entirety of its Qt software development business to Digia for an undisclosed sum. Nokia acquired Qt in 2008 as part of its $150 million purchase of Trolltech. Nokia will transfer about 125 employees to Digia. Digia had acquired the Qt Commercial licensing business from Nokia in March 2011, so it is well prepared for the acquisition of the entire Qt business. Digia said that it plans to enable Qt on the Android, iOS, and Windows 8 platforms as quickly as possible. Qt is used by 450,000 developers around the world to create mobile applications.
Nokia Weighing Whether Withings-Based Health Biz Still Worth It
Nokia today said it is weighing strategic options for its Digital Health business. Nokia acquired wearable-maker Withings in 2016 and used that as the basis of its Digital Health business, with is part of the Nokia Technologies group.
Nokia to Buy Alcatel-Lucent, Mulling Options for HERE Maps
Nokia today said it has agreed to acquire Alcatel-Lucent for $16.6 billion. The combined companies would be a giant in the telecom equipment space with more than 100,000 employees.
Nokia and Samsung Settle Patent Licensing Deal
Nokia today said it has reached an agreement with Samsung over the licensing of its wireless patents. The companies have been disputing the value of Nokia's patents since Nokia sold its handset division to Microsoft.
LG Agrees to Pay Nokia Royalties, But Rates Not Settled
LG has signed a patent-licensing agreement with Nokia over smartphone technology, but the companies have yet to agree on pricing for the patents. Nokia may have sold its handset business to Microsoft, but it retained many of the related patents for licensing purposes.