Thursday, September 12, 2013

Microsoft Bought Nokia for $ 7.2 Billion

Microsoft is trying to rise up and eat the market all over again! I remember when we used to only have Microsoft Windows on our PC's and nothing else! 

Today Microsoft Corp will buy Nokia's phone business and license its patents for 5.44 billion Euros ($7.2 Billion), a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back iinto the fold.

Nokia said it expected that senior executive Jo Harlow, Juha Putkiranta, Timo Toikkanen, and Crhis Weber would transfer to Microsoft when the deal is concluded, probably in the first quarter of 2014.

Well who knows, this might be a good step for Nokia to rise up again and start competing with others!

No comments:

Post a Comment