x PhoneArena is hiring! Reviewer in the USA

All your base are belong to us: Nokia is now Microsoft

Posted: , by Ray S.

Tags :

Nokia ex-CEO Stephen Elop (left) and Microsoft ex-CEO Steven Ballmer (right)

Nokia ex-CEO Stephen Elop (left) and Microsoft ex-CEO Steven Ballmer (right)


The deal has been sealed, and so Nokia's whole Devices & Services division is now officially part of Microsoft. Almost, that is, because some recent "adjustments" to the deal left Nokia's Chennai (India) and Masan (South Korea) factories out of its scope.

The initially announced transaction price for the acquisition of Nokia's Devices & Services division was about $7.2 billion, but in its just-published statement, the company informs that it expects the final price to be slightly higher, due to a positive estimate of Nokia's net working capital and cash earnings. Unofficial estimations quote a total price of about $7.5 billion.

It's still somewhat unclear exactly what the future of Nokia and its smartphones is going to be at this point, but hopefully we'll know more soon, as it's been announced that more details surrounding the closing of the deal are to be disclosed on April 29, when we're also going to learn about the company's first quarter 2014 financial results. Expectations are that Nokia will continue building Windows Phone smartphones for Microsoft, but it's uncertain under what brand those smartphones are going to be released. A leaked memo has recently revealed that the part of Nokia that's getting acquired by Microsoft will be renamed to Microsoft Mobile, but neither Nokia, nor Microsoft have provided confirmation yet.

As a direct result of these latest developments, top Nokia executives Stephen Elop, Jo Harlow, Juha Putkiranta, Timo Toikkanen, and Chris Weber are currently on their way to the life-boats scattered around the burning platform, getting ready to join Microsoft's ranks. Once he returns to Microsoft, ex-CEO Stephen Elop is going to become chief of Redmond's Xbox and tablets businesses.

+- Press Release

86 Comments
  • Options
    Close





posted on 25 Apr 2014, 08:05 27

1. sgodsell (Posts: 4430; Member since: 16 Mar 2013)


Bye bye Nokia. You were good until you sold yourself to the devil.

posted on 25 Apr 2014, 08:17 12

4. ShenAlJoker (Posts: 113; Member since: 19 Jul 2013)


The known devil is better than the unknown!!!!!!!!!

posted on 25 Apr 2014, 08:18 12

5. sergiobr (Posts: 713; Member since: 25 Feb 2013)


R.I.P. Nokia ! Bad move towards wp.

posted on 25 Apr 2014, 08:20 12

7. Akfred (banned) (Posts: 76; Member since: 08 Nov 2012)


Can u mention any company that has a very clean record
Or better than microsoft? Stop saying what u don't know
, Nokia will definitely grow higher and higher cos Microsoft
Great platform is doing better and better and with lots more
To come. Room was not built in a day . Get that fact dude

posted on 25 Apr 2014, 08:25 3

11. amats69 (Posts: 1484; Member since: 12 Nov 2012)


relax dude relax! lol...

posted on 25 Apr 2014, 08:29 13

12. brrunopt (Posts: 742; Member since: 15 Aug 2013)


oh god, not this again...

posted on 25 Apr 2014, 08:33 7

15. akki20892 (Posts: 3902; Member since: 04 Feb 2013)


Nokia name on phone that stand for proud.

My last Nokia will be 930 :(
Waiting for 2016, pls come back Nokia. We will wait for u.

posted on 25 Apr 2014, 08:37 7

17. nokia12 (Posts: 573; Member since: 19 Nov 2013)


so happy that Mr.flop is finally out of Nokia..
2016 we are waiting for you.. common Nokia ..

its time to build again..

posted on 25 Apr 2014, 08:43 5

19. Commentator (Posts: 3715; Member since: 16 Aug 2011)


I think a lot of rooms have been built in a day, actually. It's not that hard: just put up a few walls, slap a roof on top and BOOM! You've got yourself a room!

posted on 25 Apr 2014, 09:05

22. XperiaFanZone (Posts: 2187; Member since: 21 Sep 2012)


They could or could not have sold themselves to other companies, but they'd no less of a devil.

posted on 25 Apr 2014, 09:10 8

24. arenanew (Posts: 284; Member since: 30 Dec 2013)


google is biggest devil duffer . microsoft is good and reputed company , google run amatured peopl which we called beggar . android is busy in selling underweear and personal information , plus q1 2014 huge loss .

microsoft have strong profit nokia in right hand . go microsoft bes of luck

posted on 25 Apr 2014, 09:17 10

25. WindowsiDroid (Posts: 138; Member since: 22 Jul 2013)


Most of us buy Windows Phones because of Nokia Brand. I think if Microsoft change the branding name of devices it will be a total bad move from them.

posted on 25 Apr 2014, 09:44

27. Ashoaib (Posts: 3229; Member since: 15 Nov 2013)


Bye bye nokia... I will not remember you for long but I will remember that once I owned n82, 6233, 6300 and few more which I forget... RIP and plz plz dont ever come back again with any of your ugly phone

posted on 25 Apr 2014, 09:47 4

28. Pedro0x (Posts: 271; Member since: 19 Oct 2012)


So those of us that don't like WP can't voice our opinions, well that is cool.

posted on 25 Apr 2014, 09:57 4

30. shuaibhere (Posts: 1986; Member since: 07 Jul 2012)


Do you know what was happening in 1990's???U don't....
Microsoft is the most evil company in the tech world..
They use monopoly to throw competition out...
From compelling OEM's to not pre-install netscape navigator in their devices in that days to locking win8 devices know...
Even there is phone call recorded where MS top executives talking about EVIL WAR against netscape...
Bill gates was questioned about that he refused to answer and his reputation damaged many top magazines stated him as the evil doer of tech world..and after that he started all this donating thing to repair his damaged name...
And after 15 years everyone forgot what happened...and started to praise bill gates...

posted on 25 Apr 2014, 10:11 1

32. Aboodbanafa (Posts: 27; Member since: 25 Apr 2014)


What will happen in 2016 , i read that in all of your comments

posted on 25 Apr 2014, 10:13 4

33. papss (unregistered)


No it's that you fandroids say it over and over and frankly only fandroids think android is the all mighty savior... It's not

posted on 25 Apr 2014, 10:13 3

34. PressStart (Posts: 119; Member since: 08 Apr 2014)


Opinions ok, but can anyone really know the future of WP? How does he know it was a bad move for Nokia? Only time (and sales) will tell.

posted on 25 Apr 2014, 10:14 1

35. papss (unregistered)


Funny guy eh? You got jokes

posted on 25 Apr 2014, 10:16 3

36. papss (unregistered)


I stopped reading an 1990... Get over yourself dude. 20 years ago and you are dwelling on it still.

posted on 25 Apr 2014, 10:30

39. shuaibhere (Posts: 1986; Member since: 07 Jul 2012)


They're still doing same things...
perhaps you should've read it completely...that'll explain you why microsoft is the most evil tech company!!!!
Single word MONOPOLY...

posted on 25 Apr 2014, 10:57 6

44. jroc74 (Posts: 6019; Member since: 30 Dec 2010)


The Elop hate isnt just from fandroids.....its also from folks that actually used Meego. And some long time Nokia users.

posted on 25 Apr 2014, 11:01

45. Commentator (Posts: 3715; Member since: 16 Aug 2011)


I'm just a simple man, trying to make my way in the universe.

posted on 25 Apr 2014, 11:23 6

48. corporateJP (Posts: 2453; Member since: 28 Nov 2009)


Numbers support it was a bad move for Nokia. The company lost more money under Elop and became devalued horribly. Marketshare was destroyed by Windows Phone adoption.

The unknowns remain: should they have improved Symbian and continued running with it? Kept pushing Meego as a replacement? Adopted Android as well or as a full replacement? Any of this is pure speculation, but Elop at the helm pushing Windows Phone and trashing everything else Nokia did and made surely put the nail in the coffin.

I use all three major OSes right now, but I will tell you, after my Nokia phone dies, I won't be picking up a Microsoft phone. Bank on that.

posted on 25 Apr 2014, 11:45 2

52. panjgoori (Posts: 22; Member since: 17 Nov 2012)


well if Android was not the savior neither was WP. MeeGo was the savior but Elop killed it.

posted on 25 Apr 2014, 11:47 1

53. panjgoori (Posts: 22; Member since: 17 Nov 2012)


it was because of Nokia name not WP. We will see how many devices Microsoft will sell without Nokia name.

posted on 25 Apr 2014, 12:03 1

57. papss (unregistered)


No Nokia killed it.. the board killed it

posted on 25 Apr 2014, 12:06 3

59. papss (unregistered)


You mean like Apple, Sammy or even you tube?

posted on 25 Apr 2014, 12:17

61. shuaibhere (Posts: 1986; Member since: 07 Jul 2012)


No..again you din read...
Apple is happy with profits they don't want everyone to buy their products....one example of that ios was ruling the smartphone world if it was microsoft others wouldn't have a chance to enter market...just like in PC world..
Youtube is ruling online video streaming but it never compelled it competitors....
Same goes for samsung...

posted on 25 Apr 2014, 13:13 1

63. mmmanuuu (Posts: 403; Member since: 05 Nov 2013)


At first Nokia got attracted to Microsoft. Nokia moved in with MS. They got married. Then MS engulfed poor Nokia. End of the story.

Want to comment? Please login or register.

Latest stories