Menu
Microsoft to close Nokia acquisition Friday

Microsoft to close Nokia acquisition Friday

Microsoft is now in the smartphone business, with models for both Windows Phone and Android

Microsoft will be in the smartphone manufacturing business as of this Friday, the day it expects to close the acquisition of the Nokia Devices and Services business.

Microsoft has successfully completed all the legal and regulatory hurdles of purchasing the division of the Finnish telecommunications equipment provider, according to a blog entry posted Monday by Brad Smith, Microsoft general counsel and executive vice president of legal and corporate affairs.

Microsoft originally announced the US$7.2 billion deal last September.

Microsoft's acquisition of the Nokia business unit should help introduce the Windows Phone operating system to a wider base of users, through Nokia's Lumia line of smartphones running the OS.

The deal also means that Microsoft is, at least for the time being, a purveyor of Nokia X Android-based phones.

The part of Nokia Microsoft didn't buy, the Nokia Solutions and Networks, will remain operational as a stand-alone business, focusing on telecommunications core infrastructure technologies and services.

Smith pointed out a number of adjustments that have been made to the original agreement.

Originally, all the employees in Nokia's Chief Technology Office would stay with Nokia; now 21 employees of that unit in China working on mobile phones will join Microsoft instead.

Also, Microsoft will not assume control of Nokia's Korean manufacturing facility, as originally planned.

Microsoft will manage the Nokia.com domain and social media sites for up to a year.

Joab Jackson covers enterprise software and general technology breaking news for The IDG News Service. Follow Joab on Twitter at @Joab_Jackson. Joab's e-mail address is Joab_Jackson@idg.com


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags MicrosoftMergers and acquisitionsNokiabusiness issues

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments