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Microsoft completes $7.2 billion acquisition of Nokia

2014-04-25 16:18:22| InfoWorld: Top News

Microsoft today officially closed its $7.2 billion acquisition of Nokia's handset business, welcoming approximately 30,000 new employees to its rolls. As expected, the new unit has been named "Microsoft Mobile Oy," and will act as a subsidiary. "Oy" is the Finnish equivalent to "Ltd." or "LLC," a limited liability company in the U.K. and the U.S., and to "GmbH" in Germany.

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Nokia completes $7.5B sale of cellphone, services unit to Microsoft

2014-04-25 15:42:07| Telecom - Topix.net

Nokia said Friday it has completed the 5.44 billion-euro sale of its troubled cellphone and services division to Microsoft Corp., ending a chapter in the former world leading cellphone maker's history that began with paper making in 1865.

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Microsoft completes $7.2B Nokia acquisition, will now attempt a messy transformation into a low-margin hardware company

2014-04-25 15:20:15| Extremetech

As of this morning, Microsoft officially owns Nokia's handset business. The deal cost Microsoft $7.2 billion, and in one fell swoop it turns the software company into one of the world's largest hardware companies, not only becoming the primary source of Windows Phone devices (the Lumia brand accounts for around 90% of all Windows Phones sold), but also taking on the hundreds of millions of low-end phones that Nokia currently produces for developing markets. But... now what?

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Nokia, Microsoft Close $7.5 Billion Cellphone Deal

2014-04-25 14:42:22| Telecom - Topix.net

Nokia Corp. says it has completed the 5.44 billion-euro sale of its cellphone and services division to Microsoft Corp. Friday's closure of the deal, which includes a license to a portfolio of Nokia patents, follows delays in global regulatory approvals, including from China.

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Nokia, Microsoft Close $7.5 Billion Cellphone Deal

2014-04-25 14:36:27| Wireless - Topix.net

Nokia Corp. says it has completed the 5.44 billion-euro sale of its cellphone and services division to Microsoft Corp. Friday's closure of the deal, which includes a license to a portfolio of Nokia patents, follows delays in global regulatory approvals, including from China.

Tags: close deal microsoft nokia

 

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