It appears you have not yet registered with our community. To register please click here...

Go Back [M] > Madshrimps > WebNews
Microsoft to Acquire Nokia's Devices & Services Business Microsoft to Acquire Nokia's Devices & Services Business
FAQ Members List Calendar Search Today's Posts Mark Forums Read

Microsoft to Acquire Nokia's Devices & Services Business
Thread Tools
Old 3rd September 2013, 08:05   #1
[M] Reviewer
Stefan Mileschin's Avatar
Join Date: May 2010
Location: Romania
Posts: 144,181
Stefan Mileschin Freshly Registered
Default Microsoft to Acquire Nokia's Devices & Services Business

Microsoft Corporation and Nokia Corporation today announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia's Devices & Services business, license Nokia's patents, and license and use Nokia's mapping services.

Under the terms of the agreement, Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia's Devices & Services business, and EUR 1.65 billion to license Nokia's patents, for a total transaction price of EUR 5.44 billion in cash. Microsoft will draw upon its overseas cash resources to fund the transaction. The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia's shareholders, regulatory approvals and other closing conditions.
Stefan Mileschin is offline   Reply With Quote

Similar Threads
Thread Thread Starter Forum Replies Last Post
Nokia Threatens to Abandon Business in India Stefan Mileschin WebNews 0 25th August 2013 08:15
Ballmer restructures Redmond, focuses on services and devices Stefan Mileschin WebNews 0 12th July 2013 08:07
Microsoft to provide cloud services for city of Chicago in four year deal Stefan Mileschin WebNews 0 4th January 2013 07:34
Microsoft Reaches Agreement to Acquire StorSimple Stefan Mileschin WebNews 0 17th October 2012 07:38
Microsoft buys PhoneFactor, adds smartphone authentication to its cloud services Stefan Mileschin WebNews 0 8th October 2012 07:22
Microsoft to Acquire Perceptive Pixel Inc. Stefan Mileschin WebNews 0 10th July 2012 06:28
Microsoft to Acquire Yammer for $1.2 billion in Cash Stefan Mileschin WebNews 0 26th June 2012 06:56
Hynix to Acquire Link A Media Devices (LAMD) Stefan Mileschin WebNews 0 20th June 2012 07:52
Intel to Acquire Infineon's Wireless Solutions Business jmke WebNews 0 30th August 2010 13:11
AOL, Microsoft prep VoIP services Sidney WebNews 0 20th September 2005 18:39

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

All times are GMT +1. The time now is 18:18.

Powered by vBulletin® - Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO