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Nokia to buy software firm Trolltech for $153 mln

Publication:GuardianDate:Jan 28 2008

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Nokia said it will offer 843 million Norwegian crowns ($153 million) for all the shares in loss-making Norwegian mobile software firm Trolltech to support its new push into services and software.

Nokia said on Monday it would make an agreed offer of 16 crowns per share in Trolltech, 60 percent above its closing price of 10 crowns on Friday. Shares in Trolltech jumped 56 percent in early trade to 15.60 crowns in Oslo.




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