Friday, April 25, 2014

All your base are belong to us: Nokia is now Microsoft



The deal has been sealed, and so Nokia's whole Devices & Services division is now officially part of Microsoft. Almost, that is, because some recent "adjustments" to the deal left Nokia's Chennai (India) and Masan (South Korea) factories out of its scope.



The initially announced transaction price for the acquisition of Nokia's Devices & Services division was $7.5 billion (€5.4 billion), but in its just-published statement, the company informs that it expects the final price to be slightly higher, due to a positive estimate of Nokia's net working capital and cash earnings.



It's ...



from PhoneArena - News http://ift.tt/RSkCuO

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