Wow – Microsoft buys Nokia’s devices unit for $7.2 Billion

Somewhat surprisingly, Microsoft has actually purchased Nokia’s Devices and Services unit.

This move brings the Lumia bran and line of phones finally under Microsoft’s full control. It also gives Microsoft total control of the largest Windows Phone 8 hardware supporter and finally, bragging rights to a completely integrated phone solution.

In the first quarter of 2014, Microsoft will pay 3.79 billion Euros for Nokia’s business, plus another 1.65 billion Euros for its portfolio of patents. 32,000 people are expected to transfer from Nokia to Microsoft, including 18,300 that are “directly involved in manufacturing.”

Just for laughs, (IMHO) EVP of Operating Systems Terry Myerson is stressing that Nokia wouldn’t automatically get priority when it comes to the Windows Phone OS. Just the same way Google has with done with Motorola, Myerson promised every partner would be treated the same.

YEAH RIGHT!!!!

As part of the agreement, Nokia CEO Stephen Elop is stepping aside; he’s now leading Microsoft’s Devices team.

More to come after we get more sleep….

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5 Comments

  1. Ray C
    • Rodney Longoria
    • Rikikrik
  2. DCJason
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