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Nokia sales disappoint as Microsoft readies phone group takeover

2014-01-24 00:22:58| InfoWorld: Top News

Nokia's improving Lumia shipments came to a halt during the fourth quarter, bad news for Microsoft, which will soon take over the phone unit. The Finnish company reported fourth-quarter sales of 3.48 billion ($4.75 billion), down 21 percent year-on-year, and a net loss of 615 million, down from 3.1 billion a year earlier.

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Europe clears Microsoft acquisition of Nokia devices business

2013-12-04 23:06:43| InfoWorld: Top News

The European Commission has cleared Microsoft's acquisition of the devices and services division of Finland's Nokia, it said Wednesday. The decision follows approval of the $7 billion deal by the U.S. Federal Trade Commission over the weekend. With the two regulatory approvals, the deal is now clear to be completed.

Tags: business europe microsoft devices

 
 

Amazon PrimeAir; DOJ OKs Nokia, Microsoft Deal; Yahoo Buys SkyPhrase

2013-12-03 19:34:59| PC Magazine Software Product Guide

From Amazon's drone delivery plan to Yahoo's latest acquisition, here's what you missed yesterday.

Tags: yahoo deal microsoft amazon

 

Justice Department Approves Nokia, Microsoft Deal

2013-12-02 21:33:32| PC Magazine Cell Phones Product Guide

Microsoft's deal to acquire Nokia's handset business has received the stamp of approval from the Department of Justice.

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Nokia shareholders set to back Microsoft deal

2013-11-19 21:49:06| Wireless - Topix.net

Board members Elizabeth Nelson, left, Elizabeth Doherty, 2nd left, and Nokia Leadership Team members Stephen Elop and Michael Halbherr, right, have their picture taken with a Nokia Lumia smartphone at the Extraordinary General Meeting of Nokia Corporation, Tuesday, Nov. 19, 2013 at the Helsinki Ice Hall, Helsinki, Finland.

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