Microsoft/Nokia Deal Closes 81
Last September Microsoft announced it would be purchasing Nokia's Devices and Services business. The terms have been worked out, the shareholders gave approval, and the regulatory issues were hurdled. As of today, it's official: Nokia's phone business is now Microsoft Mobile. The final price is around $7.5 billion, and 30,000 employees are transferring to Microsoft. "The purchase of the unprofitable division makes Microsoft the world’s second-largest maker of mobile phones with about 14 percent of the market, according to researcher IDC." Here's Nokia's official statement, and a rather more personal one from an employee. According to The Verge, "Nokia's Android handsets are the most intriguing part of the deal, as they shed some light on how Microsoft might approach the messy and complex nature of shipping devices that don't run the company's Windows software. The Nokia X introduces a new "forked" version of Android that’s akin to what Amazon does with its Kindle Fire line, but it also includes a Windows Phone-like UI and an Android store that's separate to Google Play. Microsoft has the chance to control another app store, but also a solid opportunity to push its own cloud-based services." One interesting note: Nokia's phone manufacturing plant in India is not part of the deal because of an ongoing tax dispute. Nokia will continue to operate it as a contract manufacturing unit for Microsoft.
Comment removed (Score:5, Interesting)
Re:IT'S A TRAP! (Score:5, Interesting)
Maybe, but Nokia would still have ended up in a far worse situation without the Microsoft deal.
May have. They still had an assload of patents on almost all areas of mobile phone hardware and showed no sign of slowing down in that department. They also were still moving a metric assloads (approximately 1.1 imperial short fucktons) of dumbphones.
Companies have turned around from worse successfully.
Re:IT'S A TRAP! (Score:2, Interesting)
Which Microsoft deal would that be?