Digia says to pay 4 million euros for Qt to Nokia

Quotes

   
Nokia employees arrive for a personnel briefing in Oulu, June 14, 2012. REUTERS/Markku Ruottinen/Lehtikuva

Nokia employees arrive for a personnel briefing in Oulu, June 14, 2012.

Credit: Reuters/Markku Ruottinen/Lehtikuva

HELSINKI | Fri Aug 10, 2012 10:21am BST

HELSINKI (Reuters) - Finnish IT services provider Digia Oyj said it will pay approximately 4 million euros ($4.92 million) to Nokia for Qt software business in a deal unveiled earlier this week.

Nokia bought Qt in 2008 in a deal worth $150 million.

Qt software was a central part of Nokia's strategy until 2011 when it decided to swap its own smartphone software for Microsoft's Windows Phone. ($1 = 0.8124 euros)

(Reporting By Tarmo Virki)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.