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Nokia acquires Trolltech for $153 million

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On January 28, 2008, 6:04 PM EST

Trolltech, the company behind the infamous Qt stack that many interfaces are based upon, today announced that they are being acquired by Nokia. The actual payout for the company was pretty large: $153 million. While the move is certainly good for the founders of Trolltech, is it a good move for Qt in general? With suites like KDE critically dependent on such a platform, it would be a nightmarish experience to see Nokia decide to abuse their newfound ownership of the technology and begin hoarding it or demanding outrageous sums to license future iterations.

Nokia's interest is, obviously, the mobility platform called Qtopia that is based on Qt. This is an interesting acquisition, and one to watch, but no matter what Nokia says they are bound to be many that will be suspicious of their motives.

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