Nokia Acquires Open-Source Software Company

Mobile phone maker Nokia has bought a software company in Norway it says will speed the development of programs for its wireless devices and desktop systems, and bolster its Internet services.Oslo-based Trolltech -- whose roots are in open source, but also supports software such as the mobile-phone version of Microsoft Windows -- offers widely used software tools for creating programs that can run across a variety of devices, from handsets to PCs to consumer electronics, according to BusinessWeek.

Analysts expect the $155 million acquisition to also help Nokia more easily incorporate Web 2.0 services, such as social networking, into the mobile world.

Nokia is already the world's largest maker of mobile phones, shipping more units in the fourth quarter of 2007 than Samsung, Motorola and Sony Ericsson?s shipment volumes combined, according to IDC.BusinessWeek, San Jose Mercury News