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Mobile Linux Firm Readies Board For IPO

Could they truly be gearing up for an IPO? All signs are certainly pointing in this direction as of late. What would this mean for the company? Well if they play their cards right, it could mean some serious cash.

Speaking of Linux and industry moves, Trolltech, the world’s biggest producer of Linux software for mobile devices, has appointed two ex-Microsoft executives as it gears up for a possible IPO.
Juha Christensen and Tod Nielsen had joined the board as non-executives. Christensen used to be Microsoft’s head of mobile devices software, and helped to set up the mobile phone software rival Symbian before that. He was at Macromedia heaing its mobile efforts until recently, and is now heading his own firm Sonopia.
Trolltech delivers Linux systems for cell phones, set top boxes and other platforms to customers including Motorola, Adobe and Google Earth..the story says it will go with an IPO in the next 12 months… Source: moca.news

[tags]linux,mobile,ipo[/tags]

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