http://www.nbcnews.com/business/micr...eal-8C11063106
Quote:
Microsoft will buy "substantially all" of Nokia's devices and services business and license Nokia's patents and mapping services in a deal the companies valued at $5.44 billion euros, or about $7.2 billion, the companies announced late Monday.
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More details to come.
Pretty much settles who the
next MS CEO will be and kills the rumors of an XBOX spinoff.
From CNET:
http://news.cnet.com/8301-10805_3-57...ices-division/
From Microsoft:
http://www.microsoft.com/en-us/news/...9-02email.aspx
Quote:
We announced some exciting news today: We have entered into an agreement to purchase Nokia’s Devices & Services business, which includes their smartphone and mobile phone businesses, their award-winning design team, manufacturing and assembly facilities around the world, and teams devoted to operations, sales, marketing and support.
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[image: Maurits Knook / Flickr]