DIGIA REORGANIZES QT BUSINESS AND MOBILE RELATED CONTRACT ENGINEERING FUNCTIONS

Digia Plc
Company Announcement

DIGIA REORGANIZES QT BUSINESS AND MOBILE RELATED CONTRACT ENGINEERING FUNCTIONS

Helsinki, 2012-09-18 13:00 CEST (GLOBE NEWSWIRE) -- DIGIA PLC STOCK EXCHANGE
RELEASE SEPTEMBER 18 2012, AT 2:00 P.M. 


DIGIA REORGANIZES QT BUSINESS AND MOBILE RELATED CONTRACT ENGINEERING FUNCTIONS

Digia has in August signed an agreement to acquire the Qt software technologies
and Qt business. Qt is a leading cross platform application framework. 

As a result of the transaction, which closed today, a total of 89 Qt
professionals in Germany, Norway and Finland have joined Digia. Consequently
Digia will now review and re-organize its Qt operations. As a part of the
review, Digia is also re-assessing its mobile related contract engineering
function and whether the talent can be utilized within its Qt operations or in
its other business areas. 

Because of the reasons mentioned herein, Digia is initiating cooperation
negotiations. Within the cooperation negotiations are the personnel employed in
the Qt operations and mobile related service functions in Digia’s Helsinki,
Tampere, Jyväskylä and Oulu offices. In total, 88 employees are affected by the
negotiations. The Qt professionals that are transferring as a result of the Qt
acquisition are not affected by the negotiations. The negotiations can result
in personnel reductions, converting full-time employment to part-time or
temporary layoffs. 

The company employed 971 individuals at the end of August. This number does not
include Qt professionals that have transferred as a part of the Qt acquisition.
The company has transferred and will continue to transfer employees within the
Qt operations and mobile related services functions that affected by the
re-organization to the company’s other business areas. 


Digia Plc

Board of Directors
Juha Varelius, CEO


FURTHER INFORMATION
Wilhelm Taht, Marketing Director, tel. +358 400 959 129,
email:  


DISTRIBUTION
NASDAQ OMX Helsinki
Key media
Social Media Pitch:
DIGIA REORGANIZES QT BUSINESS AND MOBILE RELATED CONTRACT ENGINEERING FUNCTIONS