Microsoft to acquire Nokia's Devices & Services for $7.17 billion
0. phoneArena 02 Sep 2013, 22:39 posted on
It has been rumored again and again since Microsoft and Nokia first partnered together to make Windows Phone devices, and now it has officially happened. Microsoft has agreed to purchase Nokia's Devices & Services unit, as well as license Nokia's patents in a deal that will be worth €5.44 billion (~$7.17 billion)...
This is a discussion for a news. To read the whole news, click here
43. AnTuTu (Posts: 1575; Member since: 14 Oct 2012)
Great step forward.
But does Nokia worth less than Skype??? That's my only concern
56. zoom007 (unregistered)
A very sad day in the history of cellphones. 7.2 billion is way to less..Microsoft and Elop raped this amazing company..;(
61. Commentator (Posts: 3651; Member since: 16 Aug 2011)
It's a great day for PhoneArena's advertisers... so there's always that to be happy about!
66. Commentator (Posts: 3651; Member since: 16 Aug 2011)
...unless the people who are angry about this psychologically extend that anger to the banner ads they see here for XFINITY HOME, HP's Labor Day Sale and the LG G2, in which case it's a terrible day for PhoneArena's advertisers...
...I mean, that big MICROSOFT SURFACE ad at the top of this page right now can't be helping to ease the pain...
68. asingha94 (Posts: 295; Member since: 08 Apr 2012)
Don't know whether it is good or bad for future.May be it will result faster update & more development on their platform.But Nokia is good standalone.Because it has the everything & MS is going to buy it.You lost my respect Elop.Fk u Elop & Screw Microsoft.
71. asingha94 (Posts: 295; Member since: 08 Apr 2012)
I will not buy a device if it is called Microsoft Lumia 1****!!!Will buy Android further!!
87. blkjack (Posts: 17; Member since: 16 Aug 2013)
Did you buy any Nokia Lumia's prior to Microsoft buying part of the company?
7. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
I was expecting this to happen, after all it was the whole reason Elop was working... MS got Nokia dirt cheap
11. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Heck yeah they did. Nokia's market cap is twice what MS is paying. Granted, they're not acquiring the whole thing...
17. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
You could say that, but they got the important parts... This deal could have rose 16b mark, unless Nokia's market share was not translating into funds directly, but that could be hard to prove
23. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Well the guys who put the deal together know a heck of a lot more than you or I do about this, so if anyone can prove it it's them.
28. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
True that lol Wonder if the details will come out sooner than later, but I got shocked at the price... Though anyone would have to cough up 20b for the whole thing.... Wonder what's left of Nokia...
35. Commentator (Posts: 3651; Member since: 16 Aug 2011)
I'd assume their feature-phones division and Nokia Siemens Network are left untouched.
Here's a handy-dandy chart of their corporate structure:
46. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Well, it looks like MS took their feature-phones too: "Microsoft will also be acquiring the Lumia brand name, as well as the Asha brand name, which is the more important name..."
The article now lists HERE, NSN, and Advanced Technologies as all that's left of Nokia.
99. -box- (Posts: 3991; Member since: 04 Jan 2012)
Read the whole Powerpoint (http://www.microsoft.com/en-us/news/download/press/2013/St
rategicRationalePPTX.aspx) or same info on PDF here:http://www.microsoft.com/en-us/news/Press/2013/Sep13/Strat egicRationale.aspx
Basically they're acquiring the brand names, and will license the brand names to use on the feature phones for the next 10 years, with the option to convert the 10-year license to a perpetual license. (page 23)
I reeeeeeeally hope we're not seeing the end of Nokia as a phone brand. I'd much rather see them be like Skype, where it keeps its original name but is an integrated service.
100. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Without a doubt that's what they'll do. MS isn't stupid, they know the importance of the Nokia brand.
Woo! Comment 100! ... Which means that so far my 19 comments have made up 19% of those posted here!
12. Commentator (Posts: 3651; Member since: 16 Aug 2011)
All I know is we're in for a fun night of comments!
4. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
Ha i knew elop was a Trojan horse, Nokia got sold for half the price Motorola did despite being in a better position
109. lalalaman (Posts: 627; Member since: 19 Aug 2013)
It is not totally sold I guess....assets will nt b sold sothe price is low
Besides moto is doing good with os maker Google so may Nokia with ms
5. ricethief (Posts: 8; Member since: 17 Jul 2012)
I think Stephen Elop at Nokia has been a trojan horse for MS.
8. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
That was obvious from the very beginning
6. Commentator (Posts: 3651; Member since: 16 Aug 2011)
One of Ballmer's last acts as CEO may end up being his most memorable. Will Elop be his successor?
It'll be interesting to see how Samsung and HTC respond to this, given their (relatively limited) investment in WP.
9. a_merryman (Posts: 749; Member since: 14 Dec 2011)
Wow, it's about time considering the relationship they've had the past couple years. But it still surprised me.
10. eman99 (Posts: 349; Member since: 03 Aug 2010)
not good very sad news damn you google you should have purchased well made nokia handsets, imagine android on them
14. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
I doubt such merger will be approved, but that's where Elop plays it's game, ensuring no one would get Nokia before MS was ready
13. sats.mine2k4 (banned) (Posts: 208; Member since: 10 Aug 2012)
as planned... nokia = dum ass; ms = smart...
15. Myrith (Posts: 55; Member since: 17 Feb 2012)
So sad. I was hoping for Android on Nokia's awesome camera phones.
24. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
Don't say that out loud, or the "anti lagdroid" cult will come and crucify you with their dated arguments
104. -box- (Posts: 3991; Member since: 04 Jan 2012)
That idea was shot down in 2010. Nokia considered android, found it essentially so bad they wanted to rebuild it from the ground up (which will probably happen anyway for android 5.0, if they don't rename it chrome), and google gave Nokia the metaphorical finger when they said they couldn't and wouldn't offer any support or transitional assistance. .
132. InspectorGadget80 (unregistered)
Me to this is very sad day. Looks like we will never see a Nokia pure view Android :(
18. Commentator (Posts: 3651; Member since: 16 Aug 2011)
They bought "Devices & Services." I'm not sure what else Nokia consists of, but since they only paid $7 billion, I'm sure there's quite a bit left of old Nokia.
19. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
Seems like just a portion of the mobile division
22. quyenqchau0813 (unregistered)
As far as I've known, they didn't buy the HERE Navigating division
49. MichaelHeller (Posts: 2700; Member since: 26 May 2011)
Nokia still holds onto its patents, the HERE products, and the Nokia Siemens Networks.
117. rusticguy (Posts: 2828; Member since: 11 Aug 2012)
That will go next. With M$ around in bed they don't need anyone else. It will finally be raped ... end of M$ COUPONS for Nokia like it happened with Novel :)
20. waystriker (Posts: 9; Member since: 22 Jun 2012)
Just as expected, Elop really is a Microsoft's virus.
21. sprockkets (Posts: 1611; Member since: 16 Jan 2012)
Haha, MS now just spent another $5 billion trying to make WP a success.
Nokia is already a shell of its former great self. Now it will be another company MS runs into the ground.
All you other WP OEMs, now's as good as any to drop WP, MS doesn't care about you.
26. LumiaNineTwenty (Posts: 4; Member since: 02 Sep 2013)
does it mean they will changed the name of nokia lumia?
Lumia 920 = to something microsoft bla bla bla?
36. protozeloz (Posts: 5395; Member since: 16 Sep 2010)
It's possible, but they bought the lumia along so I guess everything will be lumia branded (lumia tab instead of surface, that's just crazy thinking tho)
42. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Naah, they'd be foolish to do that. Nokia has much better brand-recognition as far as mobile phones are concerned than MS does.
...Unless MS wants to make a name for itself as an OEM, like it's tried with the Surface, but I'm not sure they can afford to at this point. They're lagging behind Android and iOS as it is, and Nokia's brand name is the only thing keeping them afloat. Don't expect any help from Sammy or HTC after this goes through either.
45. ZeroCide (Posts: 765; Member since: 09 Jan 2013)
No it would be foolish for microsoft to do so. Nokia is a trusted brand and it should continue to operate as nokia does only that now it is a subdivision of Microsoft. Like Skype does and has.
52. MichaelHeller (Posts: 2700; Member since: 26 May 2011)
Microsoft acquired the Lumia brand, so presumably it will be called the Microsoft Lumia 920.
34. htc_evo_3d (Posts: 84; Member since: 11 Mar 2013)
My dream of Nokia + Android just got lost :(
44. ZeroCide (Posts: 765; Member since: 09 Jan 2013)
It was a dream and seems like it will remain so.
54. Commentator (Posts: 3651; Member since: 16 Aug 2011)
"What fevered dream is this that bids to tear this company in twain?" -Scruffy (the Janitor)
94. -box- (Posts: 3991; Member since: 04 Jan 2012)
+1 for Futurama quote. Only one more episode! :,(
102. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Yeah well, Futurama's been going down-hill anyways. It really hasn't been the same since it's been renewed on Comedy Central. Better it goes out with dignity than drag on and on as a pathetic specter of a golden past *COUGH COUGH COUGH* THE SIMPSONS *COUGH COUGH COUGH*
Oh sorry, excuse me, I must be a touch under the weather!
...but that episode, Future Stock, is perfectly relevant to this situation.
47. imeubeu (Posts: 59; Member since: 01 Jul 2012)
hey they were not supposed to be working on monday...labor day
50. Commentator (Posts: 3651; Member since: 16 Aug 2011)
Hey, who can complain about millionaire executives working on a vacation-day every once in a while?