Microsoft to acquire Nokia Devices & Services, accelerating the Windows ecosystem
Nokia and Microsoft have always dreamed big – we dreamed of putting a
computer on every desk, and a mobile phone in every pocket, and we’ve
come a long way toward realizing those dreams.
Today marks a moment of reinvention.
Nokia has an identity spanning 150 years of heritage, innovation,
excellence, and change which began and will continue in Finland and
around the world. From humble beginnings as a paper mill factory, to
manufacturing rubber boots and car tires, and then to mobile phones,
reinvention is in Nokia’s blood.
Nokia will now write its next chapter, focused on enabling mobility
through its leadership in networking, mapping & location, and
advanced technologies.
For Microsoft as well, today is a bold step into the future, a huge
leap forward on our journey of creating a family of devices and services
that delight people and empower businesses of all sizes.
Our partnership over the past two and a half years, which combined
our respective strengths to build a new global mobile ecosystem, has
created incredible results: award-winning phones and amazing services
that have made Nokia Windows Phones the fastest-growing smartphones in
the world.
Building on this successful partnership, we announced some important
news today: an agreement for Microsoft to purchase Nokia’s Devices &
Services business, to deliver more choices, faster innovation, and even
more exciting devices and services to our customers.
Today’s agreement will accelerate the momentum of Nokia’s devices and
services, bringing the world’s most innovative smartphones to more
people, while continuing to connect the next billion people with Nokia’s
mobile phone portfolio.
With the commitment and resources of Microsoft to take Nokia’s
devices and services forward, we can now realize the full potential of
the Windows ecosystem, providing the most compelling experiences for
people at home, at work and everywhere in between.
We will continue to build the mobile phones you’ve come to love,
while investing in the future – new phones and services that combine the
best of Microsoft and the best of Nokia.
Nokia and Microsoft are committed to the next chapter.
Together, we will redefine the boundaries of mobility.
Steve & Stephen
The transaction is expected to close in the first quarter of 2014,
subject to approval by Nokia shareholders, regulatory approvals and
other customary closing conditions. Read more here: http://www.microsoft.com/en-us/news/press/2013/Sep13/09-02AnnouncementPR.aspx
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