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 for30,000 utility patents, with an option to renew the licenses in perpetuity.