& cplSiteName &

Microsoft Officially Closes Nokia Buy

Sarah Thomas
4/25/2014
50%
50%

Nokia's devices division is now officially part of Microsoft, wrapping up a deal first announced last September and giving Microsoft its own device business for its Windows Phone operating system.

Microsoft Corp. (Nasdaq: MSFT) confirmed it has completed its more than $7 billion acquisition of the Finnish smartphone maker on Friday, enabling it to "accelerate its share of smartphones and feature phones in developed and emerging markets, and increase its role as a devices and services company." (See Nokia Sale to Microsoft Expected to Close This Week, Euronews: Nokia Handsets Sale Delayed and Nokia: It's Really Happening.)

Nokia said in a release that the total transaction price is expected to be slightly higher than the previously announced €5.44 billion ($7.52 billion) after final adjustments have been made.

The two companies first became partners early in 2011. Even though Microsoft has licensing deals in place with others such as Samsung Corp. and High Tech Computer Corp. (HTC) (Taiwan: 2498) -- deals it hopes to continue -- Nokia already accounts for 90% of the Windows Phone devices on the market.

In addition to its phone business, the software giant is acquiring Nokia's design team, most of its manufacturing and assembly facilities and operations (minus manufacturing plants in India and South Korea now excluded from the deal), and sales and marketing support. It will also license its patents.

According to Tom Gibbons, the Microsoft corporate vice president who is responsible for the Nokia integration, the combined company already has a joint operating plan established and Nokia feature phones will start to have more Microsoft services on them right away. It is targeting growth in emerging markets where Android dominates.

Microsoft didn't delve into other specific plans for Nokia, but a leaked letter suggests it will be leaving behind the once iconic Nokia name in favor of "Microsoft Mobile."

Nokia is also expected to announce Rajeev Suri as CEO of what's left of the company, including the NSN infrastructure unit, location services business, and its patents, when it shares its first-quarter earnings on Tuesday.

— Sarah Reedy, Senior Editor, Light Reading

(53)  | 
Comment  | 
Print  | 
Oldest First  |  Newest First  |  Threaded View        ADD A COMMENT
Page 1 / 6   >   >>
Sarah Thomas
50%
50%
Sarah Thomas,
User Rank: Blogger
4/25/2014 | 11:34:06 AM
What's in a name?
Do you think it's smart to get rid of the Nokia name? I wonder if it still carries cache in some geographies, or at least more than Microsoft Mobile. I think it needs to be a market-by-market decision. 
thebulk
50%
50%
thebulk,
User Rank: Light Sabre
4/25/2014 | 11:49:24 AM
Re: What's in a name?
As a tech nerd who grew up in the 90s Nokia will always be associated with phones that just wont break. Though I think those even just slightly younger than me might not have the same memories. 

I once had a Nokia phone in my jacked pocket while riding my bike. A car hit me head on and the phone broke in half inside my pocket. When the rescue took me to the hospital they cut off all my cloths, including my jacket and gave them back to me at discarge from the ER along with a pair of scrubs to ride home. I put the two parts of the phone back together over the battery and was able to make a call to my friend. I taped it together and used it like that for the next 2 weeks until I got a new one. 
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Light Sabre
4/25/2014 | 12:00:57 PM
Re: What's in a name?
I personally think it's a fine idea to phase out the Nokia name and rebrand the whole thing.  I rather hope that Microsoft improves significantly upon Nokia's technology too.  I had owned numerous Nokia phones in my time; eventually my dissatisfaction got the better of me once I discovered that there was a better world of cell phones out there waiting for me.  Indeed, the main reason I haven't switched over to a Windows phone is because I didn't want to deal w/ a Nokia again.
Joe Stanganelli
50%
50%
Joe Stanganelli,
User Rank: Light Sabre
4/25/2014 | 12:04:01 PM
Re: What's in a name?
Glad you're okay after your accident!

One Nokia I owned just broke out of the blue...to the point that when I called people, it was making horrendous, creepy, whispering/staticy sounds.  (I still have a sound file of it saved somewhere on an old computer.)

Before I realized the problem, I wound up permanently creeping out an old friend of mine when I called her, she hung up on me, and I called her again -- ignorant to why she sounded so freaked out.

She seemed understanding once I was able to talk to her again in person when I explained the problem, but we didn't really talk much after that.
thebulk
0%
100%
thebulk,
User Rank: Light Sabre
4/25/2014 | 12:10:01 PM
Re: What's in a name?
Thanks Joe, 

And no doubt Nokia was never on the cutting edge of any mobile technology. At best they were several years behind everyone else. (Except maybe Nextel)

If you come across that old sound file share it on here I would get a kick out of it. :-)
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
4/25/2014 | 2:25:01 PM
Re: What's in a name?
@thebulk I'm not sure that's true. I would think that in the early years they were cutting edge, but they lost that edge.
thebulk
50%
50%
thebulk,
User Rank: Light Sabre
4/25/2014 | 2:29:02 PM
Re: What's in a name?
@Ariella, Maybe you are right, I just dont remember it that way. I had maybe 3 Nokia phones over the years. My favorite being the Nokia 6800 which had a pretty cool flip keyboard for SMS, when people still used that. But I can always recall there being other companies with phones that had much nicer and more advanced features. 
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
4/25/2014 | 2:48:13 PM
Re: What's in a name?
@thebulk according to this http://gadgets.ndtv.com/mobiles/news/how-nokia-went-from-a-position-of-domination-to-abandoning-its-handset-business-444466, Nokia was the dominant player back in 2007. But the article doesn't really go into detail about how it measured up to the cutting edge. 
thebulk
0%
100%
thebulk,
User Rank: Light Sabre
4/25/2014 | 3:04:41 PM
Re: What's in a name?
@Ariella, 

Thanks for the link, what a great read! I had not realized they were so dominate that late in the game, I would have guessed they started to fall around 2005, maybe even earlier. 
Ariella
50%
50%
Ariella,
User Rank: Light Sabre
4/25/2014 | 3:28:32 PM
Re: What's in a name?
@thebulk you're most welcome. It's possible some date the decline earlier, saying that they still had the market share but were doomed by that year. I would have to look into it more to ascertain that, as I'm not an expert on Nokia. 
Page 1 / 6   >   >>
From The Founder
Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Interviews
CenturyLink: Are We All Security Service Providers Now?

5|29|17   |   3:40   |   (2) comments


As the security environment gets more threatening, in the wake of WannaCry and other attacks, service providers need to shoulder more responsibility for securing networks, says Tim Kelleher, vice president for IT security services at CenturyLink, in an interview at the Light Reading Big Communications ...
LRTV Documentaries
Verizon's Ed Chan on the New World for Networks

5|29|17   |   19:08   |   (0) comments


In this 2017 Big Communications Event keynote, Ed Chan Senior Vice President, Technology, Strategy and Planning, Corporate Networking and Technology, Verizon, discusses the coming world of sensors and the smart edge, powered by new spectrum and faster fiber uploads. For more BCE coverage and videos,
LRTV Interviews
Zayo's CTO: Respect the Infrastructure!

5|29|17   |   3:04   |   (0) comments


At Light Reading's Big Communications Event in Austin, Texas, Zayo's CTO Jack Waters talked about infrastructure and the changing customer landscape for network providers. While everyone else is chatting up applications and services, Waters urges the industry not to downplay the role that ...
LRTV Interviews
AT&T: Creating Dynamic Networks to Meet Business Needs

5|26|17   |   4:24   |   (0) comments


As enterprises need more dynamic networks, service providers need to deliver on-demand, virtual services to meet those needs. AT&T is creating a networking fabric to mix-and-match SDN technologies for enterprise customers, says Roman Pacewicz, AT&T senior vice president for offer management and service integration, in an interview at Light Reading's
LRTV Interviews
EdgeConneX on Industry Headwinds & Tailwinds

5|26|17   |   2:41   |   (0) comments


At Light Reading's Big Communications Event 2017, EdgeConneX CTO Don MacNeil discussed the value of partnerships in the digital world.
LRTV Documentaries
4 Steps Toward a Higher Network IQ

5|26|17   |     |   (0) comments


At the Big Communications Event in Austin, Texas, EXFO CEO Philippe Morin explains how sensors and analytics can boost a network's intelligence and enable on-demand customer experiences. Find more BCE 2017 coverage here.
LRTV Interviews
BT's McRae Sheds Light on 4K Strategy

5|25|17   |   4:45   |   (0) comments


At Light Reading's Big Communications Event 2017 in Austin, Texas, BT Group's Chief Network Architect Neil McRae talks about what it took for BT to broadcast live sports in 4K. Catch up with all our BCE coverage at http://www.lightreading.com/bce.asp.
From the Founder
How the NIA Aims to Advance NFV

5|25|17   |   08:07   |   (1) comment


Following a recent board meeting, the New IP Agency (NIA) has a new strategy to help accelerate the adoption of NFV capabilities, explains the Agency's Founder and Secretary, Steve Saunders.
LRTV Custom TV
Better Solutions That Address Growing Scale

5|25|17   |     |   (0) comments


For Comcast, the X1 rollout and 17-fold increases in broadband speeds in the past 16 years are among factors driving the need for Energy 2020 solutions that reduce cost and consumption, says Mark Hess.
LRTV Custom TV
Ethernity Network Delivers Instant Offloading of Network Functions With All-Programmable Intelligent NIC

5|25|17   |     |   (0) comments


David Levi, CEO of Ethernity Networks, explains that programmability of the hardware makes the company's All-Programmable Intelligent NIC uniquely beneficial for communications service providers that need advanced data appliances with agile support of virtualization. Utilizing the company's patented network processing technology, Ethernity offers data path ...
LRTV Documentaries
BCE 2017: Vodafone Gets Obsessed With Cloud-Native

5|25|17   |     |   (0) comments


Vodafone's Matt Beal updates us on Project Ocean and explains why simple virtualization isn't enough of a goal for network transformation. Catch up with other BCE 2017 keynotes and news at http://www.lightreading.com/bce.asp.
LRTV Documentaries
BCE 2017: Intel's Take on Network Transformation

5|24|17   |     |   (0) comments


In this BCE 2017 keynote, Lynn Comp discusses Intel's vision for areas such as analytics, automation and service assurance. For more videos and BCE coverage, see http://www.lightreading.com/bce.asp.
Infographics
With the mobile ecosystem becoming increasingly vulnerable to security threats, AdaptiveMobile has laid out some of the key considerations for the wireless community.
Hot Topics
Cities Clamor for More Clout at FCC
Mari Silbey, Senior Editor, Cable/Video, 5/23/2017
Sonus & Genband Finally Combine to Form $745M Company
Dan Jones, Mobile Editor, 5/23/2017
NB-IoT? Not at Those Prices, Say DT Customers
Iain Morris, News Editor, 5/26/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
One of the nice bits of my job (other than the teeny tiny salary, obviously) is that I get to pick and choose who I interview for this slot on the Light Reading home ...
TEOCO Founder and CEO Atul Jain talks to Light Reading Founder and CEO Steve Saunders about the challenges around cost control and service monetization in the mobile and IoT sectors.
Animals with Phones
What Brogrammers Look Like to the Rest of Us Click Here
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.