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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.

Tags: to business phone microsoft

Microsoft Corporation (MSFT), International Business Machines Corp....

2013-08-01 05:00:25| Semiconductors - Topix.net

When Microsoft Corporation reported earnings last week the market did not like what it saw.

Tags: business international corporation microsoft

Microsoft unveils plan to realign business around functions

2013-07-11 02:00:00| Total Telecom industry news

Software giant to develop range of phones, tablets, PCs, and 'TV-attached' devices.

Tags: business plan microsoft functions

Microsoft Bid for Nokia Device Business Failed Over Price: Report

2013-06-20 16:32:50| MobileTechNews

According to a report published by The Wall Street Journal, Microsoft has recently offered to buy Nokia's device business. Nokia does not deny the report.

Tags: business price report microsoft