Microsoft Buys Nokia's Smartphone Business For $7 Billion

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Stuart
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Microsoft Buys Nokia's Smartphone Business For $7 Billion

Post by Stuart »

Microsoft announced tonight that it will buy Nokia's devices and services division.
This is the part of Nokia that makes smartphones (and soon) tablets.

Microsoft will pay 3.70 billion Euro for Nokia's devices business. That's nearly $5 billion is U.S. dollars. Microsoft will also pay an additional 1.65 billion Euro ($2.2 billion U.S.) for the rights to Nokia's patents.

All together, the deal will cost Microsoft about $7 billion U.S.

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Re: Microsoft Buys Nokia's Smartphone Business For $7 Billio

Post by GreyWolf »

Why would they suddenly do this?

*tin foil hat on*
Nokia was thinking of trying other OSes?
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Re: Microsoft Buys Nokia's Smartphone Business For $7 Billio

Post by Anakha56 »

Saw this coming the moment Nokia said they were going to use Windows Mobile... Not surprised.
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