Microsoft Announces Nokia Acquisition Will Close on April 25th

Microsoft Announces Nokia Acquisition Will Close on April 25th

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Microsoft has announced that its acquisition of Nokia's Devices and Services business will close this Friday, April 25.

The completion of this acquisition follows several months of planning and will mark a key step on the journey towards integration. This acquisition will help Microsoft accelerate innovation and market adoption for Windows Phones. In addition, we look forward to introducing the next billion customers to Microsoft services via Nokia mobile phones.

Microsoft notes that some adjustments to the original have been made throughout the close preparation process:

● While the original deal did not address the management of online assets, our two companies have agreed that Microsoft will manage the domain and social media sites for the benefit of both companies and our customers for up to a year.

● The original deal had all employees in Nokia’s Chief Technology Office continuing with Nokia. We’ve adjusted the agreement so the 21 employees in China working on mobile phones will join Microsoft and continue their work.

● The original deal had Microsoft acquiring Nokia’s Korean manufacturing facility. The agreement was adjusted and Microsoft will not acquire the facility.

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Microsoft Announces Nokia Acquisition Will Close on April 25th

K - April 21, 2014 at 7:19pm
More like Lumpia since the beginning after failing after seeing iphone come first.
Nat - April 21, 2014 at 7:18pm
Knocking themselves out like total clueless retards after simply not fixing the mp problem and looking back at the mocking. They took enough reality checks and not I'm done with them forever.
peoplehater - April 21, 2014 at 7:11pm
MS has demonstrated they had fallen asleep at the wheel numerous times. Wake up MS to challenge the competitions!