Microsoft reportedly closing Nokia deal within a month

Microsoft announced plans to purchase Nokia last year and the deal has gone through numerous checks, but reports now state we could be looking at just a month wait for the two companies to finalize everything. The deal will see Microsoft absorb Nokia's hardware division. Essentially, Microsoft will be taking over development of Lumia Windows Phones with the same teams that make the devices we enjoy using today.

Hurdles have been put in place over in China, India and Korea, but these roadblocks appear to be clearing up. Indian newspaper Business Standard reports that issues in China have been settled and the purchase is set to go through within 20 days. While Nokia remains caught up in a legal dispute in India regarding tax issues, it's not believed to have a negative impact on the Microsoft deal in terms of delays.

Once the deal eventually goes through, the tedious process of adding Nokia X, 30,000 employees and other parts of the division Microsoft is purchasing will kick off. Stephen Elop will also be making the move to Redmond, taking an executive VP and senior leadership role. It'll be interesting to see how Microsoft comes out in late 2014, early 2015 with battle strategies to take on Google and other competitors.

via: LiveSide

Rich Edmonds
Senior Editor, PC Build

Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.