Microsoft buying Nokia's mobile unit - Economic
Microsoft acquired Nokia’s mobile unit for $ 5.4 billion. Shares of Finnish technological shooting 45%.
The deal should be completed in the first quarter of 2014 after the necessary approvals from regulators. Microsoft will pay 3790 euros for the unit and 1.65 billion mobile phones by their patents, according to a joint statement.
Both technologies seem to have missed the boat for smartphones companies like Apple and Samsung. This business changes the nature of Microsoft, who returns to bet on the hardware market before the drop in sales of computers that threaten your Windows and after the failure of ‘tablet’ Surface, and also the nature of Nokia, it agrees to abandon a market that once dominated to stick to the production of network equipment.Steve Ballmer, president of Microsoft, and Stephen Elop, Nokia’s leading classified the transaction, the largest since the acquisition of Motorola by Google in 2012 as “a moment of reinvention.”
In the first reaction, the titles of Nokia came to value 45% this morning in Helsinki.
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