Trolltech IPO raises about $19M

Submitted by tuxtops on Wed, 07/05/2006 - 18:55

Development tools and smartphone software stack vendor Trolltech began trading on the Oslo Stock Exchange today, amidst high demand, mostly from Norwegian investors, the company says. The IPO (initial public offering) was priced at 16 NOK (Norwegian Kroner), or about $2.56, and some 7.5 million shares were subscribed.