Trolltech is the company behind Qt Toolkit that powers many of the GNU/Linux user interfaces such as KDE has been acquired by Nokia. It makes a large foray for Nokia into Linux world. It is expected that Trolltech acquisition will help Nokia complete its mobile phone transformation to Linux Platform. But it will also have an impact into Linux PCs as KDE remains a popular. Other technologies that Trolltech had contributed to include KHTML.
The Linux Mobile space is crowded with three serious contenders: Nokia, Access (who owns PalmOS), and Google with its Android Platform.