[telecom] Microsoft is now a phone company, as Nokia deal closes

Apr 27, 2014 0 Replies
[telecom]  Microsoft is now a phone company, as Nokia deal closes open original image

Microsoft is now a phone company, as Nokia deal closes Another 25,000 staff come aboard.



by Peter Bright Apr 25 2014 Ars Technica



As announced earlier this week, Microsoft's purchase of Nokia's Devices and Services division has closed almost four months later than expected.



Redmond is paying about $5 billion for the Nokia division, now named Microsoft Mobile Oy, and some 8,500 design patents. The software giant is also paying another $2 billion for a ten-year license for



30,000 utility patents, with an option to renew the licenses in perpetuity.

...



formatting link


Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required