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May 25, 2006
IPO Will Give Trolltech's Trolls A New Reason To Dance
Trolltech has filed to go public in Norway, according to a post in today's PE Week Wire. The developer and distributor of professional software development tools for Linux phones and devices, which has been making the moves that presage a float, such as expanding its board and hiring C-level execs, has filed with the Oslo Stock Exchange.
If Linux takes off in the mobilephone market the way the firm hopes, it will be a startup to note.
Trolls forming the Qt 4 logo in the Qt 4 Dance music video
But we say that Trolltech already has dibs on a place in tech history because it is one of the first where employees created their own music video upon the release of a new version its software. The image above is an outake from it.
Founded in 1994, Trolltech raised an undisclosed amount of VC in 1999 and a series B round of $6.7 million about 16 month ago in a deal led by Index Ventures, joined by previous investors Teknoinvest and Northzone.
View - Qt 4 Dance Music Video [Needs the Quicktime 7 preview to play]
Read - Trolltech has filed an application for listing / (press release)
Read Trolltech has filed(PE Week)
Posted on May 25, 2006 04:03 PM | Posted to IPO | News And Updates | Permalink
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