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Microsoft buying Nokia's devices & services
It looks like the real situation has finally surfaced. The following article at engadget says it all. Microsoft is buying out Nokia.
http://www.engadget.com/2013/09/02/m...ices-business/ |
Re: Microsoft buying Nokia's devices & services
Psst... started a thread in Off-Topic earlier...
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Re: Microsoft buying Nokia's devices & services
oops. And I did a search too. Can someone please merge the threads before it gets unwieldy?
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Re: Microsoft buying Nokia's devices & services
Yeah, this was expected ever since Elop ditched Meego. Nothing good will come out of this - only more patent racket and etc.
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So many people have said :never happen, no profit for Microsoft to do so and so forth.
I guess all are wrong... My question. What is left of Nokia? Number of employees? Areas? Will the Lumias phones be named... Nokia Lumia? Microsoft lumia? Only lumia? |
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we all knew that Elop will sell Nokia to Microsoft and now it happened. but its still sad for me.
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trojan horse!!!!
now lumiaman can fap to elop happily |
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awsome now the name just needs a change.....
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well, this is really sad, but we can be happy some people escaped from this sinking ship to a dinghy - or like it's called in Finnish: Jolla
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Is jolla the biggest mobile manufacturer in Finland now? :D or is the expensive phone manufacturer still based in Finland?
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R.I.P Nokia... :(
Viva La Jolla :D |
Re: Microsoft buying Nokia's devices & services
sad news. I think this was the deal between elop n ballmer. Elop Helping microsoft to buyout ruined nokia just to be in the race of becoming next microsoft ceo.
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This is the Endgame of BlackBerry and Nokia, and the real question is what it will mean for Sailfish. The fall heavyweights are going to own the rest of the year and the challengers have been scattered.
Nokia runs for the hills, er that is, to Microsoft. We'll see how that works out. My guess is that it won't work out well. At any rate, Nokia saw the storm on the horizon and has been begging to be acquired by Microsoft ever since. The Crackberry forum has been buzzing about BB devices being pulled from T-Mobile stores and going direct sale only. Best Buy also had similar news concerning BlackBerry inventories for Verizon and AT&T and going direct ship once inventories sell down, and the same story is happening at Radio Shack. Buh-bye BlackBerry. So into this competitive landscape comes Sailfish. Predictions? |
Re: Microsoft buying Nokia's devices & services
RIP my friend
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Re: Microsoft buying Nokia's devices & services
No surprise here.
We all knew this is going to happen. |
Re: Microsoft buying Nokia's devices & services
Finally!!!...good riddance!!!!
I for one am glad that this company is now history and will be relegated to the dustbin of history. This explains perfectly why they ditched their linux portfolio of products. Microsoft considers linux a cancer and there was no way they were going to support or continue to manufacture linux based products. Many of us knew that fat slob was a Microsoft trojan and now it's all been laid out for everyone to see. The only sad part to this is that now Microsoft owns all the Nokia mobile patents and they WILL start doing whatever they can to squash Android, Sailfish, Tizen...basically any linux based mobile will now be on their radar. Get ready for a slew of lawsuits against these linux based OSs... SB |
Re: Microsoft buying Nokia's devices & services
Is this really legal? Sending a trojan and buy it cheap when the castle has fallen? Do you know of any decent link regarding the legality of this matter? Not that I own Nokia/MS stocks just curious... :)
Also, could this pose a threat to the Neo900 project legal-wise? |
Re: Microsoft buying Nokia's devices & services
A big FU to Micro$oft and Elop.
A bigger FU to Nokia for letting it happen. |
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hate it, we may but i have a feeling this Nokia + MS marriage will actually be successful. maybe not successful enough to be #1 but definitely successful enough to hurt Apple and Google so that they feel pain.
MS has a lot of R&D which they have problems getting out the door (commercializing) in a good cadence. Nokia has cool R&D (not as many as MS) which they manage to get out of the door. Nokia understands the mobile industry (and consumers) more so than MS could ever do in the next 10000000000 years. MS understands the enterprise story more than Nokia could ever do in the next 999999999999 years. yadda yadda yadda i'll say give them 12-18 months to start seeing some really cool stuff that the average joe would want to buy. MS and Nokia (prior to the purchase) are like a little mozzie bite to Apple and Google. |
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Great news for nokia now we can enjoy the mighty square ui phones even more.
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RIP Nokia was in 2011 (Elopcalypse). It just took a while to bury the corpse. |
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My question is this. How can the board accept a low price like this? They are the once to blame. Elop did well. Sad but true. |
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http://www.mobilebulgaria.com/upload...ic_3_28277.jpg
Microsoft bought Nokia for 5,44 billion Euro Microsoft to acquire Nokia’s devices & services business, license Nokia’s patents and mapping services http://www.microsoft.com/en-us/news/...ncementPR.aspx The Next Chapter: An open letter from Steve Ballmer and Stephen Elop http://conversations.nokia.com/2013/...-stephen-elop/ Accelerating Growth Microsoft’s strategic rationale for deal announced with Nokia on September 3, 2013 http://www.microsoft.com/en-us/news/...cRationale.pdf |
Re: Microsoft buying Nokia's devices & services
Can anyone clue me in: how can Microsoft buy Nokia for $7.2 billion, if the current market cap for NOK is $14 billion? How does acquisition of publicly traded companies work?
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They are pretty good at this acquire and destroy business but cannot hold on to HW business. Quote:
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NSN is where the money in NOK comes from. |
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Looking from the marketing perspective, this is very good news for Jolla and the long waited sign for GO!
The patent thing can be harsh for everyone though |
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Well, it seems like a decent deal for Nokia then. |
I think Jolla has more chance from this for some reason...
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Remember this?
Elop is the 7th biggest Microsoft shareholder! http://talk.maemo.org/showthread.php?t=69745 I wonder how will this affect his shares ... |
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Re: Microsoft buying Nokia's devices & services
Nokia choices:
A) Try something different with lots of potential, do a partnership with said Megacorporation, go all-in B) Do what everyone's doing. Go with Android (2.1 at the time), end up like HTC C) Follows through with current plans. Roll-out MeeGo, end up like RIM ...Nokia was doomed from the "start". Success for hindsight: A) Nokia licenses WP with the ability to develop with MS. They release a WP7 device with Galaxy S worthy specifications in 2010. MS made to give tens of millions to port over Applications. Nokia allowed to distinguish itself from other WP vendors. Less investment, shared treasures. B) Nokia decides to differentiate by skinning Android (mixture of MIUI, RIM, iOS). Makes the best hardware and doesn't go for the "cokc measuring contest" with SoC's. Puts full-weight behind developer friendly and marketing. Converts current success to a new medium. C) Nokia pushes out a Galaxy S worthy specifications with SwipeUI in competition with Samsung and Apple's iPhone 4. Throws its wealth at rapid development and maturation, and tens of millions into getting Applications. Struggles until 2012 but becomes profitable and has a nice proposition of moving its ecosystem into tablets, laptops, TV and home console (and PSP competitor). Nokia transforms with the industry, where it becomes a "self made man" like the industry-leading Apple. |
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Excuse my language but... **** YOU ELOP AND NOKIA BoD!!!
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Brilliant |
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<honestly and without any sarcasm>
I'm in awe of Ballmer and Elop. This was one the most brilliantly executed corporate takeovers in the whole history of capitalism. This should be taught in business schools around the world for decades to come. Flawless excution. http://greatreader.files.wordpress.c...slow_clap1.gif |
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