Microsoft buys Nokia

Microsoft: Acquisition of Nokia’s Devices and Services unit will close in April

Microsoft: Acquisition of Nokia’s Devices and Services unit will close in April

Sam Sabri 193

Nokia and Microsoft both expect the acquisition of Nokia's handset unit to close in April. The two companies sent out their own press releases moments ago announcing an update on the acquisition. The regulatory process is expected to close sometime during next month. As we previously reported, the two companies had hoped to finish the deal sometime before mid-April. However, rulings in...

Microsoft-Nokia deal complicated with recent $571 million ruling from Indian court

Microsoft-Nokia deal complicated with recent $571 million ruling from Indian court

Sam Sabri 386

There are a few hurdles left for Microsoft to clear they can acquire Nokia’s handset unit. Recently we’ve seen some complaints from Korean companies and interest groups over potential patent abuse that could result from the deal. One little tangle in Microsoft and Nokia’s plans revolves around a manufacturing plant in Chennai, India currently involved in a legal battle with the Indian...

Korean electronics companies concerned over Microsoft-Nokia deal, fear patent abuse

Korean electronics companies concerned over Microsoft-Nokia deal, fear patent abuse

Sam Sabri 177

Microsoft has a few hurdles to jump before it can finalize the acquisition of Nokia’s handset division. The biggest hurdle? Regulatory approval in China. As we reported a few days ago, Samsung and Google have expressed concern to the Chinese government over potential higher patent fees from the Microsoft-Nokia deal. Turns out Korea smartphone manufactures and the Korean government aren’...

Report: Ballmer had board pushback on Nokia deal, originally included HERE Maps division

Report: Ballmer had board pushback on Nokia deal, originally included HERE Maps division

Daniel Rubino 184

Bloomberg BusinessWeek has a fascinating article today on the behind-the-scenes maneuvering by Microsoft on the Nokia devices acquisition. The four page article is mostly about how CEO Nadella is putting things back together, and asserting his vision, but there are some enthralling tidbits too about how the Nokia deal came to be. In the report, it’s revealed that the original deal...

Court allows Nokia India to transfer their manufacturing unit to Microsoft so deal can go forward

Court allows Nokia India to transfer their manufacturing unit to Microsoft so deal can go forward

Abhishek Baxi 31

The Delhi High Court in India has finally allowed Nokia India to sell its Chennai manufacturing unit to Microsoft. If the court had ruled otherwise, Nokia may have had to exclude Indian assets from the acquisition deal, forcing the closure of the factory. Set up in 2006, the Chennai factory is one of their largest manufacturing units employing 5800 people and producing 200 million...

European Commission clears deal between Microsoft and Nokia, purchase moves forward

European Commission clears deal between Microsoft and Nokia, purchase moves forward

Sam Sabri 123

It was just two days ago the U.S. Department of Justice gave the green light for the Microsoft-Nokia deal. As you recall, Microsoft is currently in the process of acquiring Nokia’s handset division for 7.2 billion dollars. As part of the deal, they’ll also license Nokia patents. One of the remaining hurdles was whether or not the European Commission would allow the sale. The European...

Nokia Chairman defends Stephen Elop and Nokia’s decision to sell hardware division to Microsoft

Nokia Chairman defends Stephen Elop and Nokia’s decision to sell hardware division to Microsoft

Sam Sabri 137

It’s been nearly three months since Microsoft announced plans to acquire Nokia’s handset division. The deal has a few final steps to go through being finalized. One of those steps recently happened. Last Tuesday, Nokia shareholders finalized the 7.2 billion dollar transfer of Nokia’s phone division to Microsoft. That meeting wasn’t without its fair share of critics, most aimed at...