Nokia To Sell Mobile Phone Business to Microsoft
Nokia today announced that it has signed an agreement to enter into a transaction whereby Nokia will sell substantially all of its entire Mobile Devices, Smart phones & Services business and licence its patents to Microsoft for EUR 5.44 billion in cash, payable at closing. Subject to the closing of the transaction, Microsoft will acquire substantially all of Nokia's Devices & Services business, including the Mobile Phones and Smart Devices... Read More
