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January 28, 2008
Nokians and Trolls in €105M Deal and Other Fresh Euro Deals
Nokians and Trolls in €105 Deal Nokia has an announced an offer to buy publicly traded Trolltech for about €105M. The transaction has been widely reported. We found the press release fairly cryptic. So we turned to Bal Balaji, whose software company DeviceDriven develops products for the mobilephone industry, for some commentary on what impact the deal might have on the mobile OS competitive environment.
Balaji writes: " Nokia already has a significant investment in Linux. So I see this as a defensive measure as opposed to a vote of confidence for Linux as an OS for mobile phones. Is Nokia trying to protect itself against Android?"
With that comment in mind, if Nokia starts acquiring other Linux proponents like PurpleLabs (recently financed by Euro VC) or it buys A La Mobile, or one of the other Linux for mobile device vendors, then the strategy might become clearer.
Zubka's looking for another round of capital. And is talking up the riches to be made with online job referral applications.
Read - Exec Digital UK Site : News : Zubka unique recruitment - Web 2.0 referral recruitment - recommendation
Microbial Solutions raised £1.2M for waste water treatment. We're all for new technologies being applied to issues like what to do with polluted and dirty water, but this one had us feeling a bit queasy. It is about using toxic-and-metal-hungry bacteria and flushing the resulting so-called grey water back into the sewage system.
"Microbial Solutions uses a simple bioreactor ... containing a meshed plastic grid on which a variety of non-pathogenic bacteria are cultivated - each bacterial species feeds off different components of the metal working fluids, together ‘eating’ the polluting and toxic elements. The resulting grey water is disposed of to sewer, removing the need to transport to landfill, and the next batch of metal working fluid is added to repeat the process.
The technology has been successfully trialed with a leading car manufacturer, the firm said in a statement.
Read Tornado Insider - Microbial Solutions Ltd
Posted on January 28, 2008 03:09 PM | Posted to News And Updates | Permalink
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