Microsoft acquiring Nokia not to impact smartphone shipments

Last Updated: Monday, October 21, 2013, 19:24

In September this year, US-based Microsoft said it will acquire a substantial part of devices and services business of Nokia for 5.44 billion.

Microsoft to get $51 mn if Nokia shareholders reject deal

Last Updated: Monday, September 23, 2013, 20:32

Finnish firm Nokia, which is selling its devices and services business to Microsoft, will pay the software giant 37.9 million euros (about USD 51.2 million) if the handset maker's shareholders oppose the deal.

Stephen Elop to get $25.5 mn post Microsoft-Nokia deal

Last Updated: Thursday, September 19, 2013, 22:19

Elop, who earlier served as CEO of Nokia, after the closing of the USD 7.2 billion deal is expected to join the US-headquartered software giant.

Nokia to seek shareholders nod on Microsoft deal on Nov 19

Last Updated: Thursday, September 19, 2013, 22:17

Finnish telecom major Nokia will seek its shareholders approval on November 19 this year to its USD 7.2 billion deal to sell devices and services business to US software giant Microsoft.

Microsoft-Nokia Deal: 10 major highlights

Last Updated: Tuesday, September 3, 2013, 13:40

Here are the major highlights of the deal.

Steve Ballmer’s email to Microsoft employees on Nokia acquisition

Last Updated: Tuesday, September 3, 2013, 11:57

In an email written to Microsoft employees, Microsoft CEO Steve Ballmer has explained the road ahead.

Nokia to sell its handset business to Microsoft for $7.2 bn

Last Updated: Tuesday, September 3, 2013, 09:05

The deal is expected to close in the first quarter of 2014 and it is subject to approval by Nokia's shaNokia, which will continue to make networking equipment and hold patents, was once the world's dominant handset maker but was long since overtaken by Apple and Samsung in the highly competitive market for more powerful smartphones.reholders and regulatory approvals.