Phone Scoop

printed September 1, 2015
See this page online at:
http://www.phonescoop.com/articles/article.php?a=13216

Home  ›  News  ›

Nokia Shareholders Approve Microsoft Buyout

Article Comments  7  

Nov 19, 2013, 8:19 AM   by Eric M. Zeman   @phonescooper

Nokia's shareholders today approved Microsoft's proposed acquisition of the company's handset business, according to the Financial Times. About 80% of Nokia's shareholders sided with management in favoring the deal, which will see Nokia's phone-making unit sold to Microsoft for $7.2 billion. Microsoft believes the deal will strengthen the footing of its Windows Phone platform. Nokia's Lumia-branded smartphones represent the lion's share of Windows Phones sold throughout the world. Nokia will still hold onto its networking business. Nokia CEO Stephen Elop is expected to run the new hardware division from Microsoft's headquarters in Redmond. The deal still needs to meet regulatory approval.

more info at Financial Times »

AD

Comments

This forum is closed.

This forum is closed.

ibnturab

Nov 19, 2013, 2:38 PM

Its a Shame

I really used to like Nokia, they used to make the best phones til about 2008. Then, it went downhill real fast, especially after the Elop Trojan Horse took over. Since companies are in the business to make money, I don't see how Nokia would have lost anything by making Android alongside Windows, Maego, Meemo, or Symbian. Completely disgusted by the whole Microsoft and Elop deal
Sounds like your confusing making the best phones with your dislike for Windows Phone. Nokia still makes excellent phones...some of the best in the market, when it comes to quality of hardware. (IMO)

As for making money, they still have to compete ...
(continues)
um because Maego, Meemo, and Symbian doesn't have applications. And if those OS's don't have applications then people won't buy those phones. And if Nokia makes those phones and nobody buys those phones then Nokia spent money and recieved none in re...
(continues)
I don't understand why you think that Nokia phones have gone down hill. Nokia is still making very nice phones that are very much running competition to samsung/apple phones. The only thing that is hurting them is the lack of app support for windows p...
(continues)
...
 
 
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2