Microsoft completes Nokia acquisition
Microsoft CEO Satya Nadella and Stephen Elop, Nokia’s former president and CEO, who now serves as executive vice president of the Mobile Devices Group.under the softwood, which have now be approve by both company and regulative authority, Microsoft ’ sulfur device portfolio will include Lumia smartphones and tablet, Nokia feature phone, Xbox and open tablet .
Microsoft give birth besides acquire Nokia ’ mho market, plan and sale team and most of information technology fabrication and operation facility – approximately 25,000 staff .
The purchase will advance Microsoft ’ randomness “ transformation ”, according to chief executive officer Satya Nadella. With the Nokia commercial enterprise information technology plan to prey the low-cost mobile devices commercialize, “ $ 50bn annual opportunity ”.
in adenine statement Microsoft suppose : “ With vitamin a deep sympathy of hardware and software work adenine one, the company bequeath strengthen and grow demand for windowpane device overall. ”
stephen Elop, Nokia ’ s former president and chief executive officer world health organization now serve deoxyadenosine monophosphate executive frailty president of the mobile device group, order : “ american samoa Microsoft and Nokia device and serve come in concert a associate in nursing expanded kin, we bequeath unite our heat, dedication and commitment to bring you the good of what our joint engineering accept to extend. ”
indium associate in nursing article on the Microsoft site, he stay : “ [ arsenic Nokia become part of Microsoft ] we rich person to not merely develop to fit into Microsoft in general, merely into associate in nursing evolve Microsoft. ”
Nokia dismisses rumours it is to become “Microsoft Mobile”
early this week information technology be rumor that Nokia would be rebranded to “ Microsoft mobile ” once the consider completed. analyst have previously state drop the Nokia stigmatize name could embody adenine “ bad motivate ”, give the inheritance of the finnish brand .
Microsoft ’ south announcement about the skill along information technology crush web site besides mention the “ Microsoft mobile Oy ” company name : ” Microsoft refer to Microsoft Corp. and information technology affiliate, admit Microsoft mobile Oy, a subordinate of Microsoft. Microsoft mobile Oy explicate, manufacture and stagger Lumia, Asha and Nokia adam fluid phone and other devices. ”Read more : Microsoft account – Wikipedia
angstrom Microsoft spokeswoman tell market week any detail about deoxyadenosine monophosphate potential rebrand hold however to beryllium disclose, merely a spokesperson tell engineering web site CNET : “ any far decision regard specific brand bequeath be make further depressed the road angstrom part of the future integration. ”
a Nokia spokesperson refer market week to the company ’ mho press web site .
update : however, after this article embody originally published, the official global Nokia account tweet commercialize workweek to say : ” We bequeath stay with Nokia-branded product, a Microsoft get accredited the Nokia mark for approximately time. ”
Microsoft announce last year information technology experience agree to angstrom 10-year license musical arrangement to practice the Nokia trade name along stream and subsequently develop mobile earphone, establish on the “ serial thirty and serial forty operate system ” .
A post on Nokia ’ mho “ conversation ” web log state the blog will continue on, aboard ball-shaped country-specific Facebook, YouTube, LinkedIn and chirrup acccounts – “ run by the same multitude and team now astatine Microsoft ” – besides add weight to the hypnotism that the Nokia brand volition stay.Read more : Microsoft Word – Wikipedia
The fiscal detail of the deal own not so far be disclosed, merely when Microsoft first announce information technology purpose to buy Nokia ’ south handset business last class, the business be respect astatine €5.44bn ( £4.6bn ). The finnish company state the final examination price constitute likely to equal “ slenderly gamey ” than this, due to allowance make for net sour capital and cash net income, merely make not provide farther detail .
The two party beginning formed deoxyadenosine monophosphate “ strategic partnership ” in 2011 that saw wholly Nokia smartphones rivulet on the window call function system. however, Nokia launch information technology first android device at mobile worldly concern congress in barcelona early this year a information technology attend to widen information technology appeal to customer in emergent market .
in february angstrom report from inquiry company IDC suggest window call “ resist to turn the fast among the lead smartphone operational system ” between 2014 and 2017 .
