Tuesday, September 3, 2013

Nokia is triggered in Microsoft Exchange after selling his business ... - The Mundo.es

Finnish multinational shares of Nokia rose more than 40% within minutes of the opening of the Helsinki Stock Exchange after the announcement of the sale of its mobile phone business to Microsoft U.S..

The news, released on the morning of Finland, taken completely by surprise investors and especially the employees of Nokia , although there were rumors for months about the possible sale of a part of the company.

The agreement announced today provides for the sale to Microsoft unit Nokia Devices and Services , responsible for the manufacture of basic mobile and intelligent terminals, for 3,790 million euros, and the transfer of some 32,000 employees.

Finnish multinational, former leader of mobile, preserved its patent portfolio but granted Microsoft a nonexclusive license to use the same for 10 years, why the U.S. will pay 1,650 million euros.

current CEO of Nokia, Stephen Elop , abandon Finnish company will be appointed vice president of the new division of Microsoft Services and Devices , a company in which and held management positions before joining Nokia.

Once the operation is completed, expected in early 2014, Nokia is dedicated exclusively to the manufacture and sale of mobile phone networks and associated services, your business more profitable now.

Just a month ago, Nokia acquired by 1,700 million euros to its German partner Siemens its 50% stake in telecom infrastructure company Nokia Siemens Networks (NSN), which was renamed Nokia Solutions and Networks.

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