29th January Comments

Nokia Wades Deeper Into Open Source With Trolltech Buy

Posted on January 29th, 2008 at 5:50 am

 

Nokia said it has tabled a $2.93-per-share bid to buy Trolltech, a Norway-based software provider, to help it bolster its fast-expanding Internet services business. Trolltech’s board has recommended the offer, and shareholders holding two-thirds of Trolltech stock already have said they will sell up, Nokia said. The bid values the company at around $154 million, and represents a premium of $1.10 per share to Trolltech’s closing price in Oslo on Friday.

Holy paydays Batman, here is a situation that I still look at from both sides of the fence good and on the other hand a warning is going off in my melon. Baldy

 

Nokia Wades Deeper Into Open Source With Trolltech Buy

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