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Send to email | Microsoft strikes deal to acquire Nokia?s phone business for $19B, insider claims in | By Todd Haselton el 01-Jun-2011 |
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According to industry insider Eldar Murtazin, Microsoft has struck a deal to purchase Nokia’s mobile phone business for $19 billion. Just two weeks ago, Murtazin ? who has a proven track record and was the first to report that Nokia has struck a deal to use Microsoft’s Windows Phone platform on its smartphones ? suggested that Microsoft and Nokia were about to enter closed-door meetings to negotiate a possible purchase that could close sometime before the end of this year. It could make sense: Nokia’s CEO is former Microsoft executive Stephen Elop, and the two companies have already reached a deal to create new Windows Phone devices, a dozen of which are expected to launch next year. We’ll have to see how this pans out, but a Nokia spokesperson had already addressed Murtazin’s earlier claims, saying “Eldar’s rumors are getting obviously less accurate with every passing moment.” Nokia declined to comment on Murtazin’s claim this time around.
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| Microsoft strikes deal to acquire Nokia?s phone business for $19B, insider claims | According to industry insider Eldar Murtazin, Microsoft has struck a deal to purchase Nokia’s mobile phone business for $19 billion. Just two weeks ago, Murtazin ? who has a proven track record and was the first to report that Nokia has struck a deal to use Microsoft’s Windows Phone platform on its smartphones ? suggested that Microsoft and Nokia were about to enter closed-door meeting [..] Read complete article |  | Published 01-Jun-2011 by Todd Haselton in Read 9 times. More hits in  |
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| Apple strikes deal with Sony for cloud music service, report claims | | Apple has now reportedly signed three of four major U.S. record labels as it prepares to launch a new cloud-based streaming music service in the near future. According to Bloomberg, Apple has inked a deal with Sony that will allow the label’s massive catalog to be used alongside a forthcoming streaming product Apple will likely unveil next month. The news comes just one day after Apple is sa [..] Read complete article |  | Published 20-May-2011 by Zach Epstein in Read 11 times. More hits in  |
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| Microsoft thinks Nokia deal could push annual Windows Phone sales past 100M units | | As a result of the newly inked deal between Microsoft and Nokia, the Redmond-based software giant hopes to eventually sell 100 million Windows Phone devices annually. “We have dreams and aspirations that we can get to 100 million units per year with that single deal,” Microsoft?s Chief Operating Officer Kevin Turner said during his presentation at the Microsoft Worldwide Partner Confer [..] Read complete article |  | Published 14-Jul-2011 by Zach Epstein in Read 11 times. More hits in  |
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| Nokia courted RIM before jumping into bed with Microsoft, report claims | According to an unconfirmed report from TechCrunch Europe, Nokia explored a possible partnership with BlackBerry maker Research In Motion before announcing its decision to adopt Windows Phone 7. It had been widely reported that Nokia was deciding between Google’s Android platform and Microsoft’s Windows Phone 7 OS when considering its future, but RIM’s BlackBerry platform was app [..] Read complete article |  | Published 15-Feb-2011 by Zach Epstein in Read 12 times. More hits in  |
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| With possible Nokia deal, Microsoft could try to become the next Apple | Apple, a company many said had repeatedly delayed the development and launch of the iPhone for fear that it might cannibalize its iPod business, is now a “mobile devices company” with a smartphone that is undoubtedly its flagship device. Chief Executive Steve Jobs and Chief Operating Officer Tim Cook have both publicly acknowledged this major transition on several occasions, including [..] Read complete article |  | Published 01-Jun-2011 by Zach Epstein in Read 16 times. More hits in  |
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| Nokia again rumored to sell smartphone business to Microsoft | Rumors again surfaced on Wednesday suggesting that Nokia plans to sell its smartphone business to Microsoft. Danske Bank, Denmark’s largest bank, issued a report to clients Wednesday morning that said Nokia will sell its smartphone division to Microsoft during the first half of 2012. Danske raised its rating on Nokia stock to Buy from Hold, and shares rose more than 3% on the news. Similar r [..] Read complete article |  | Published 14-Dec-2011 by Zach Epstein in Read 5 times. More hits in  |
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| Sprint in talks to acquire T-Mobile USA, report claims | Rumors of a possible T-Mobile takeover were reignited on Tuesday as Bloomberg reports Sprint and Deutsche Telekom are holding meetings to discuss a possible acquisition. Citing multiple anonymous sources, Bloomberg claims discussions between the two companies have been taking place on and off for some time, and one of the major areas of dispute is T-Mobile USA’s valuation. Should Sprint and [..] Read complete article |  | Published 08-Mar-2011 by Zach Epstein in Carriers - USRumorsacquisitionDeutsche TelekomSprintT-MobileT-Mobile USA Read 18 times. More hits in  |
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