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280°

Microsoft to Acquire Nokia for $7.2 Billion

Brandsynario - Microsoft has struck a $7.2 billion deal with Nokia and is now officially heading the mobile phone business of the company. Nokia is has been one of the biggest maker of mobile phones but in the recent years it has struggled to maintain its market share.

The deal includes paying 3.79 billion Euros for the devices unit and 1.65 billion Euros for patents, the companies said in a statement today.

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raheelmushtaq3888d ago
JuniorCE3888d ago

Well... Motorola belongs to GOOGLE
Nokia now belongs to M$

It seems about right...

SilentNegotiator3887d ago

So...they both absorbed small, has-been cell phone companies? Why bother?

Crazay3888d ago

I still can't see it helping them in the smart phone market.

Captain Qwark 93887d ago

you know i have a windows phone and i mostly love it, prob wouldnt switch to IOS or Andriod but its def got its drawbacks esp when it comes to support for apps ( useful ones too nobody cares about 95% of them ) and support for accessories. Until they fix this and do it soon, i dont see them gaining too much more market share. this is a waste of billions of dollars.

andrewer3887d ago

INDESTRUCTIBLE XBOX ONEs ON THE WAY

80°

Microsoft's Gaming Shake-up: 1900 Job Cuts, Senior Execs Exit Xbox and Blizzard

Microsoft is laying off more employees, a new round after they cut thousands last year. It seems like many big tech companies are doing the same.

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Apple's Bold Move to Train LLM on Trendsetting News

Amidst the AI frenzy of 2023, major players like Google, Microsoft, and Meta are in the spotlight, launching their own generative AI systems.

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60°

Microsoft launches app for iPhone users to use iMessage on PC

Microsoft has made it easy for iPhone users to check their mobile updates on Windows-enabled computers.

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