Phone Scoop

printed October 10, 2015
See this page online at:

Home  ›  News  ›

Microsoft Completes Acquisition of Nokia's Phone Biz

Article Comments  5  

Apr 25, 2014, 7:16 AM   by Eric M. Zeman   @phonescooper
updated Apr 25, 2014, 7:22 AM

Updated: added comments from Elop.

Nokia today announced that it has completed the sale of its handset business to Microsoft. The deal, first announced last September, is valued at $7.2 billion. The companies had to make some last-minute adjustments to the terms of the deal. Notably, Nokia was forced to exclude its manufacturing facilities in Chennai, India and Masan, Korea. Nokia has agreed to use the Chennai facility to manufacture devices for Microsoft as needed, but it will close the Masan facility. Microsoft gains several top Nokia executives, including former Nokia CEO Stephen Elop, Jo Harlow, Juha Putkiranta, Timo Toikkanen, and Chris Weber. Nokia remains committed to its networking business, and Microsoft is now officially a maker of smartphones. Elop will head Microsoft's phone business and said, "At our core, we are passionate about building technology that will change the world. From the early vision of Microsoft of placing a PC in every home and on every desk, to Nokia connecting billions of people through mobile devices, we have empowered generations. We are committed to continuing our support for feature phones, the Asha family, and the Nokia X family of devices." Elop called today's handover the first step in a new, long-term journey.

more info at Nokia »
more info »



This forum is closed.

This forum is closed.


Apr 25, 2014, 3:40 PM

x platform

So Microsoft gonna make the asha and the x platform too or just the lumia?
Yes, they've said (forget where I read it this morning) that they will continue to sell Asha and X (Android) phones as well as the Lumias. Which is mildly amusing, Microsoft building and selling Android phones, but....who knows how long they'll actua...
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.