0
Wireless

Nokia expects Microsoft deal to close in April

Monday 24 March 2014 | 07:21 CET | News
Nokia now expects sale of its Devices & Services business and license its patents to Microsoft to close in April. This compares with Nokia's previous expectation that the deal would close in Q1 2014. The sale was announced in September 2013 and Nokia insisted that both parties remain committed to the transaction. Closing of the deal is subject to regulatory approvals and other customary closing conditions. They have already received most of the required regulatory approvals, including approvals from the European Commission and the US Department of Justice. The deal is pending approvals from

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Microsoft / Nokia
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Nokia handsets to be renamed Microsoft Mobile - report

Published 21 Apr 2014 08:46 CET | World
When Microsoft's acquisition of Nokia's devices and services business closes, the software giant plans to rename Nokia Oyj to ...

China clears Nokia handsets sale to Microsoft

Published 08 Apr 2014 08:04 CET | World
Nokia announced that the planned sale of its mobile phone business to Microsoft has received regulatory clearance in China. This ...

Microsoft introduces DirectX 12 mobile gaming environment

Published 26 Mar 2014 15:30 CET | World
Microsoft has introduced the DirectX 12 gaming environment, which runs on Qualcomm Snapdragon processors and allows Windows Phone ...

Nokia verwacht afronding deal met Microsoft in april

Published 24 Mar 2014 09:11 CET | World
Nokia meldt dat de verkoop van onderdelen aan Microsoft iets langer duurt, namelijk tot in april in plaats van in het eerste ...