Friday, November 24, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Atomic Switches Pave The Way For Neuromorphic Chipsets
Samsung to Showcase Large Micro LED TV at CES: report
Samsung Foundry in Advanced Discussions With New Customers for 7nm Chips
Tesla Finished Installing the World's Largest Mega-battery in Australia Within 100 Days
Apple Applies for Patent on Foldable Display
HP Patches Code execution Bug in Enterprise Printers
YouTube Takes More Steps to Tackle Down Videos Inappropriate for Minors
Broadcom Considering Increasing Qualcomm Bid
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
Top Black Friday deals from Microsoft
Nokia 2 With 4100mAh Battery Announced in India
Microsoft Cloud Continues to Grow, Powers First Quarter Results
Nokia Halts Development of the OZO VR Camera
Microsoft to Buy Wind Energy From GE's new Wind Farm in Ireland
Microsoft Brings the Edge Browser to iOS and Android
New Nokia 3310 3G Coming in October
Microsoft Announces First Windows S Devices, Brings cloud, AI and Mixed Reality to Businesses
Nokia Receives Decision in Patent License Arbitration with LG Electronics
Windows Creators Update Available in October
Nokia 8 Shipped With ZEISS Optics
Microsoft Surface Devices Fail on Reliability

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .