Girish Mahajan (Editor)

The Qt Company

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Type
  
Public

Industry
  
Computer software

Products
  
Qt, Qt Creator, Qbs

Founded
  
2014

Traded as
  
Nasdaq Helsinki: QTCOM

Area served
  
Worldwide

Headquarters
  
Oslo, Norway

Parent organization
  
Digia

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Key people
  
Juha Varelius (CEO) Mika Harjuaho (CFO) Lars Knoll (CTO)

Stock price
  
QTCOM (HEL) € 6.60 +0.08 (+1.23%)24 Mar, 6:29 PM GMT+2 - Disclaimer

Founders
  
Haavard Nord, Eirik Chambe-Eng

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The Qt Company is a software company based in Espoo, Finland. It oversees the development of its Qt application framework within the Qt Project. It was formed following the acquisition of Qt by Digia, but was later spun off into a separate, publicly traded company.

Contents

It has core R&D in Oslo, Norway as well as large engineering teams in Berlin, Germany and Oulu, Finland. The Qt Company operates in China, Finland, Germany, Norway, Russia, Korea and the United States.

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Products

The company provides software development platforms and frameworks, as well as expert consulting services. Its flagship product is Qt, a multi-platform Graphical User Interface (GUI) framework written in C++. Qt is popular with application developers using C++ but is supported by bindings for other programming languages too, such as Python. Qt also includes packages such as data structures and a networking library. The popular, Free, and cross-platform KDE Plasma desktop environment and software compilation uses Qt library. The company also employs several KDE developers.

In 2001 Trolltech introduced Qtopia which is based on Qt. Qtopia is an application platform for Linux-based devices such as mobile phones, portable media players, and home media. It is also used in many non-consumer products such as medical instruments and industrial devices. Qtopia Phone Edition was released in 2004, and their Greenphone smartphone is based on this platform.

History

Trolltech was founded by Eirik Chambe-Eng and Haavard Nord on 4 March 1994. They started writing Qt in 1991, and since then Qt has steadily expanded and improved. Trolltech completed an initial public offering (IPO) on the Oslo Stock Exchange in July, 2006.

On 28 January 2008, Nokia Corporation announced that they had entered into an agreement that Nokia would make a public voluntary tender offer to acquire Trolltech. The total cost for Nokia was approximately € 104 million. On 5 June 2008 Nokia’s voluntary tender offer was approved for all the shares in Trolltech. By 17 June 2008, Nokia had completed its acquisition of Trolltech. On 30 September 2008, Trolltech was renamed as Qt Software, and Qtopia was renamed as Qt Extended. On 11 August 2009, the company's name was changed to Qt Development Frameworks.

Nokia sold the commercial licensing business of Qt to Digia on March 2011. The remainder of the assets were subsequently acquired by Digia in 2012.

In September 2014, Digia formed The Qt Company, a wholly owned subsidiary dedicated to the development and governance of the Qt platform. In May 2016, the company went public on NASDAQ Helsinki as QTCOM.

References

The Qt Company Wikipedia