Nokia’s Smartphone Business Officially Becomes Part of Microsoft
Last September Microsoft purchased Nokia’s smartphone business in a $7.2 billion deal and today it has become official, as the acquisition has been approved by Nokia shareholders and governmental regulatory agencies. Microsoft will take on 25,000 transferring employees worldwide:
Today we welcome the Nokia Devices and Services business to our family. The mobile capabilities and assets they bring will advance our transformation,” said Microsoft CEO Satya Nadella. “Together with our partners, we remain focused on delivering innovation more rapidly in our mobile-first, cloud-first world.”
As for new Microsoft CEO Satya Nadella and new executive vice president of Microsoft Devices Group Stephen Elop, here they are below as they “share a moment together” according to the press release:
Prior to the iPhone, I owned and loved many Nokia cellphones. It’s unfortunate they fell off the perch but I’m wishing them the best of luck in their new journey with Microsoft.