Nokia announced two firm commitments today - one to boost its software strategy through the acquisition of Trolltech and the other to the environment by signing up to the WWF's Climate Savers programme.
The former will see the mobile phone giant make an offer of Norway Kroner 16 (1.47) per share for Trolltech in a bid too beef up cross-platform capabilities, particularly in the area of mobile Linux.
The deal, once approved, is expected to close in the second quarter of this year.
"The technology landscape evolves and, for Nokia, software plays a major role in our growth strategy for devices, PCs and the integration with the internet. We continue to focus on areas where we can differentiate and add more value. Common cross-platform layers on top of our software platforms attract innovation and enable Web 2.0 technologies in the mobile space," said Kai istm, executive vice president, of Nokia's devices division.
"Trolltech's deep understanding of open source software and its strong technology assets will enable both Nokia and others to innovate on our device platforms while reducing time-to-market. This acquisition will also further increase the competitiveness of S60 and Series 40."
In the second of the two news announcements today, which involves the WWF, Nokia pledged to complement its existing green activities, which include slashing the stand-by energy its mobile chargers consume by half, powering half of its facilities using green electricity by 2010 and reducing its overall energy consumption by six per cent by 2012.
