Microsoft Buys Nokia for $7.2 million

September 3rd, 2013  |  By Elizabeth O'Dowd


Microsoft's inovative software has found a new home in Nokia. Yesterday, Microsoft announced their acquisition of Nokia, a brand which has been known for their durable hardware after a failed negotiation back in June. 


This new merge seems ideal for both companies. Where Nokia has succeeded in durability, Microsoft hasn't been as strong. Where Microsoft had succeeded in software, Nokia has failed. 


However, this isn't the end of the road for Nokia.They will continue to work on their three core technologies, closely managed by Microsoft,

  •    NSN- Network infostructure
  •    HERE- Nokia's map and location service
  •    Advanced technologies- which include developing their hardware further
As of today, Nokia CEO and President Stephen Elop will be stepping down to become Nokia's new Executive Vice-President of devices and services. 
This is a huge step in the right direcction for Microsoft as they want compete with Apple and Andriod in smartphone develpoment. We should see better quality phones from Microsoft as early as January 2014. 
For the App lovers out there, having Microsoft become a real competitor with Apple and Andriod will bring some new, inovative apps to our phones.

Comments & Suggestions

Name (optional) Email (optional)

Comment must be under 500 characters

Can't read the image? click here to refresh sss
Enter the code here: