Elop Ballmer

Back in September, it was confirmed that Microsoft was purchasing a part of Nokia for the sum of EURO5.44 billion ($7.49 billion). The deal will see Microsoft absorb the Devices and Services division for future development, leaving the likes of NSN (Nokia Solutions and Networks) and HERE. Redmond is now seeking approval from EU antitrust regulators for the deal to go through. 

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According to the report over at Reuters, the European Commission has stated it would decide by December 4th whether to clear the acquisition, which could be extended by 10 working days should Microsoft offer concessions to dispel competition fears. Until the deal closed, it's business as usual.

Source: Reuters

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