Microsoft has agreed to purchase Nokia’s handset business, including patents and services, for $7.2 billion. Microsoft says that the acquisition will allow it to increase its mobile marketshare more quickly. Nokia, although struggling financially, is currently the top Windows Pone 8 manufacturer and was already locked into a 5 year deal with Microsoft to produce Windows Phone handsets. The merger solidifies the companies’ partnership and supports Microsoft’s hardware ambitions.
Is Microsoft’s $7bn purchase of Nokia’s mobile phone biz a reshaping of telecoms landscape or two drunks propping themselves up at a party?
— Robert Peston (@Peston) September 3, 2013
#Microsoft waited for #Nokia to be a bargain before the strike. Been under the radar for long. But thank goodness Nokia is saved!
— ArielleJavelosa (@ArielleJavelosa) September 3, 2013
EPL teams aren’t the only busy peeps on transfer day deadline. Microsoft buy Nokia’s devices and services biz for $7B http://t.co/x5yxpN34G7
— Mike Myat Min Han (@mmhan) September 3, 2013
@Microsoft buys @Nokia‘s Devices and Services Unit, now the best will get even better.
— Laith (@LaithTweets) September 3, 2013
Microsoft has bought the phone division of Nokia. Hope they merge it with their computer tech to make some great phones. One can only hope.
— Tha Kid Billy (@BillyBryan_12) September 3, 2013
Nokia mobile phone unit is acquired by Microsoft. It’s like seeing your childhood crush, married to a super wealthy geezer.
— Yani P. Kurniawan (@yanipatrik) September 3, 2013
With the Microsoft / Nokia deal, I think Steve Ballmer just flipped off all of his critics on the way out the door.
— keith parnell (@parnellk63) September 3, 2013
Wishing that there was an easy Nokia/Microsoft Elop(e) pun. But nothing is coming to mind.
— Nick Sant (@neil_snat) September 3, 2013
its the feeling when you favourite team loses with a last second goal. #nokia #microsoft
— Janne Kilpelainen (@kilikku) September 3, 2013
How does it feel seeing someone marry the person you love since last 8 years? I feel the same 😦 #Microsoft buys #Nokia
— Fairooz (@FairoozSRK) September 3, 2013
Finally Microsoft buys #Nokia …. No matter where Nokia stands in todays market it will always be my fav brand for mobiles.
— Nischal ,you? (@Nizzchal) September 3, 2013