Microsoft to Acquire Nokia's Devices & Services Business, License Nokia's Patents, Mapping Services for EUR 5.44B in Cash
September 02, 2013 at 23:44 PM EDT
Microsoft Corp. (NASDAQ: MSFT ) and Nokia Corp. (NYSE: NOK ) today announced that the boards of directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia's Devices & Services business, license Nokia's patents, and license and use Nokia's