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Microsoft acquisition of equipment and services departments of Nokia
Author:author pubdate:2013/9/3
September 3rd news, Microsoft will acquire Nokia devices and services department, the acquisition price of 37.9billion euros, in addition to 16.5billion euros of patent, the total amount of 54.4billion euros ($72billion).
It is reported, Microsoft will use foreign cash resources to complete the transaction. The transaction is expected to close in the first quarter of 2014, required to obtain the approval of shareholders and regulators, Nokia.
In 2011 February, Nokia and Microsoft have reached a cooperation launched Lumia series intelligent mobile phone, access to a certain market share in the mobile phone market, but for this transaction, Microsoft's goal is by accelerating the innovation in mobile devices share and profit growth faster, increase synergy, unified brand and marketing.