Nokia and Microsoft heads rumored to meet in Las Vegas to discuss the smartphone unit buyout

Nokia and Microsoft heads rumored to meet in Las Vegas to discuss the smartphone unit buyout
The ever-restless Russian blogger Eldar Murtazin, who has been often at odds with Nokia, ever since he leaked and commented some not very flattering things about a non-final Nokia N8, now has another bombshell claim.

He tweeted recently that Steve Ballmer and Windows Phone's Andy Lees will be meeting in Las Vegas (we guess around the CES brouhaha, but it is not specified) with Nokia's CEO Stephen Elop and Kai Oistamo, to discuss the acquisition of Nokia's smartphone unit by Microsoft. The following tweets say that after the deal is closed some time in 2012, Stephen Elop will swoop back to MS, and Risto Siilasmaa will be named chairman of the board - a rumor we already heard yesterday.

As a separate unit, Nokia's smartphone business is the third largest in the world after Samsung and Apple, as of Q3, and works with much better profit margins than the rest of the company's endeavors, so Microsoft will score big here, provided that the rumor holds water. We'd assume that Microsoft wants only the people and departments that work on Windows Phone, rather than the Symbian crowd and handsets, but it's all speculation at this point.

Moreover, it is expected to grow bigger with the introduction of the Nokia Windows Phones 2012 crop. Microsoft and Nokia were said yesterday to introduce a $200 million marketing campaign in the US, the biggest effort Nokia has ever undertaken, and for cooperating on this kind of money you have to be pretty confident in your partner, or even consider it a future part of your company, if the cards play as Murtazin leaked. 

He was right about the Nokia Windows Phones announcement last year, and now says that the smartphone unit deal has been in the making for a few months, so unless he only hopes to pump and dump some Nokia shares, CES might be even more interesting than everyone expected.

source: EldarMurtazin (Twitter)

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10 Comments

1. hetero

Posts: 17; Member since: Jan 05, 2012

rest in peace nokia....once the pride and joy of tech savvy neckbeard

2. Bluesky02

Posts: 1439; Member since: Dec 05, 2011

Not sure if this true anyway

3. -RVM-

Posts: 331; Member since: Oct 19, 2011

let's hope it is not.

4. ryq24

Posts: 875; Member since: Oct 17, 2011

if it is true, how the once mighty have fallen and fallen fast and hard. hope in the end it will be good for nokia overall.

5. AhmadAlsayegh

Posts: 326; Member since: Jul 18, 2011

first, everyone knows that Eldar guy is angry and hates Nokia, especially when they sued him sometime back, so i would take whatever he says with a lorry of salt second, if, and only if this was true, Finns will be really angry!

9. DIYguy

Posts: 190; Member since: Feb 27, 2011

You're right we're angry :D though this hasn't been in any of our news so I'm still hoping it isn't true.

6. vvelez5

Posts: 623; Member since: Jan 29, 2011

Elop the Trojan strikes again.

7. 7thspaceman

Posts: 1597; Member since: Feb 14, 2011

this would be a strange move but if Microsoft only gets the Nokia smart phone division minus the Symbian tech then Nokia will still be AROUND it will sell it's non smart phones and it's old Symbian smart phones and could even star selling android smart phones since Microsoft is going to rename the smart phone Division it buys from Nokia. wow Nokia is not dead yet it could go Android or sell Meego smart phones made for them by an outside overseas contractor what do you folks think?

10. mohammad.qunbos

Posts: 1; Member since: Nov 24, 2014

My respect Mr. genius...I registered in phone arena just to thank you for your deep thinking...I am writing on 24/11/2014... days after the announcement of NOKIA N1 tablet. what happened in the past three+ years after your comment is exactly what you said.

8. Jericho unregistered

Is the smartphone division going to be renamed by microsoft.

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