Topic: NEWS english - on September 3, 2013 at 1:25:00 PM CEST
With $7.17 Billion Nokia Buy, Microsoft Brings Its Trojan Horse Home
Microsoft is paying about $5 billion to buy a majority of Nokia’s cellphone business, while shelling out another $2.17 billion to license the struggling Finnish company’s patent portfolio. And none of this should surprise you.
With this $7.17 billion play, Microsoft has redoubled its efforts to compete with Apple and Google in the smartphone game, nabbing a handset maker that can more closely combine its Windows Phone operating system with the hardware that runs it, and expanding an already massive smartphone-related patent portfolio that can jockey with rivals in other ways. But it has also bought itself the new CEO it so dearly needs: Stephen Elop, the former head of Microsoft’s business division who left Redmond in September 2010 for the top post at Nokia.
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