Wednesday, July 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
FIDO Alliance Specifications Add Support for NFC and Bluetooth
Apple Music Goes Live
New Acer Curved IPS Display Comes With AMD FreeSync Support
New Meizu MX5 Unveils In China
Apple Behind E-Books Price-fixing Scheme, Court Rules
EU To End Roaming Charges in 2017
Huawei Honor 7 Relased With 20MP phase-detection Camera
Sprint Has A New, All-included Rate Plan For You
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Mobiles > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, April 25, 2014
Microsoft Takes Control of Nokia's Phone Business


Microsoft on Friday finalized completed the acquisition of Nokia's Devices and Services business, and Microsoft Mobile Oy is now the subsidiary of Microsoft responsible for Lumia, Asha and Nokia X phones, and other devices.

The acquisition cost Redmond $5 billion, plus another $2 billion for a 10-year associated patent-licensing agreement.

Microsoft Mobile Oy will be headed by Executive Vice President Stephen Elop. Thenew group is now responsible for Lumia smartphones and tablets, Nokia mobile phones including the Android-based Nokia X phone, Xbox hardware, Surface, Perceptive Pixel (PPI) products, and accessories.

Microsoft also licensed the rights to the Nokia brand for existing phones when it announced plans for the acquisition last fall. It also bought outright the Asha and Lumia brands.

Microsoft also is acquiring approximately 25,000 new employees located in 50 countries, plus several factories that design and manufacture devices. The two factories that are not part of the acquisition are one in South Korea and another one in Chennai, India.

And as of today, Microsoft is the company that will be handling all existing Nokia customer warranties for existing devices.




Previous
Next
Mozilla To Strengthen SSL Certificate Verification in Firefox        All News        Apple, Google And Others, Settle Conspiracy Lawsuit: report
Apple To Fix Button Problem On iPhone 5 For Free, Samsung To Replace "Limited" Galaxy S5s     Mobiles News      Cyberlink PhotoDirector Coming To Android Phones

Get RSS feed Easy Print E-Mail this Message

Related News
AOL To take Over Microsoft's Display Ads
Nokia, SKT Team Up On 5G Research
Nokia To Return To Phone Business Next Year
Nadella Announces Company Shakeup
Microsoft at E3 2015
Surface Hub Available for Order in 24 markets
Microsoft Showcases new Windows 10 Devices At Computex 2015
Toshiba Partners with Microsoft to Deliver New Internet of Things Solutions
Research Project Can Interpret, Caption Photos
Nokia Networks to Acquire Eden Rock
Microsoft Cortana Coming To Apple and Android Phones
Microsoft, Salesforce Talks Stall On Pricing: report

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .