Microsoft and Nokia Are Now in Final Step for SmartPhone Purchase

Monday Jan 20th 2014 by CodeGuru Staff
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Last year Microsoft announced that it would be purchasing Nokia’s smartphone business in a deal which was worth $7.3 billion to Nokia, that deal has now been approved.

Microsoft’s deal with Nokia has received final approval from the various regulators it needed, included the Nokia shareholders. Of course all of this happened last year, along with planned execution of the deal. That, as you know, fell thru. But now this is a new year and Microsoft and Nokia are getting ready to finalize the deal which includes the complete acquisition of Nokia’s smartphone business. The final deal is now expected to conclude before the end of the month. Read the details here at PocketNow.

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