Nokia to acquire Trolltech

Nokia will make a public voluntary tender offer to acquire Trolltech, a recognized software provider with world-class software development platforms and frameworks headquartered in Oslo, Norway. Nokia will offer NOK 16 per share in cash and the board of directors of Trolltech has unanimously recommended that its shareholders accept Nokia's Offer. The acquisition of Trolltech, subject to customary closing conditions, will enable Nokia to accelerate its cross-platform software strategy for mobile devices and desktop applications, and develop its Internet services business. The offer is expected to be open for acceptance for a period of four weeks and to be completed in the second quarter of 2008.


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