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Microsoft buys Nokias phone business for $7.2 billion in an attempt to imitate Apple
2013-09-03 13:58:38| Extremetech
Microsoft has announced that it will acquire Nokia's mobile phone business, and a "broad intellectual property license" for Nokia's patent portfolio, for 5.44 billion Euros (~$7.2 billion). This deal will see Stephen Elop return to Microsoft as the vice president of the newly minted Nokia division, along with some 32,000 other Nokia execs and employees. Microsoft's rationale for the acquisition, which is due to complete in early 2014, is that it will allow the software giant to finally, seriously, definitely compete against Apple and Google in the smartphone and tablet markets. For real this time. Honest.
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Cell Phone Repeater Boosters That Comply With Upcoming FCC Regulations Are Launched By Harris Communications
2013-09-03 08:40:37| wirelessdesignonline News Articles
Harris Communications has just announced the launch of the latest cell phone repeater boosters that are specifically designed to meet all of the newest regulations set to go into effect March 1, 2014, by the Federal Communications Commission.
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cell
communications
regulations
Nokia to sell mobile phone business to Microsoft
2013-09-03 08:24:00| Telecompaper Headlines
(Telecompaper) Microsoft has agreed to acquire the mobile phone business of Nokia for EUR 3.79 billion. In addition it will pay EUR 1.65 billion to license Nokia's patents, bringing the total value of the deal to EUR 5.44 billion in cash. The takeover follows Nokia's decision in early 2011 to adopt Microsoft's Windows software for its smartphones. Microsoft said the takeover will allow it to accelerate the growth in Windows and expand its share of the mobile phone market, through faster innovation, increased synergies, and unified branding and marketing. Pending approval by Nokia's shareholders and regulators, the deal is expected to close in the first quarter of 2014. MIcrosoft will finance the takeover from its existing cash. The acquisition includes all of Nokia's Devices and Services business, including around 32,000 employees and the Lumia and Asha brands. The operations generate around EUR 14.9 billion in revenues, or almost 50 percent of Nokia's sales for 2012. Nokia will retain ownership of the Nokia name and license it to Microsoft. Nokia also holds on to its patent portfolio, to which Microsoft receives a 10-year non-exclusive licence. Nokia CEO Stephen Elop will move back to Microsoft and become head of the company's devices business, including mobile phones, the Xbox and the Surface tablet.
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Verizon's dropped call leaves Tories on hunt for new phone fix
2013-09-03 06:12:04| Telecom - Topix.net
Canadian consumers' hopes for more wireless competition and lower prices have dimmed, if not faded to black, with Verizon's announcement it doesn't to come north.
VIDEO: Lenovo sees phone and tablet future
2013-09-03 04:42:50| BBC News | Business | UK Edition
Milko Van Duijl, Lenovo's Asia-Pacific president, says the world is moving towards smartphones and tablets but that PCs are here to stay.
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