Microsoft Buys Nokia’s Handset Business for 5.4 Billion Euros

Brace yourself, cause for the die hard romantics, one of their favorite OEM manufactures logo will no more be honed on smart phones they would carry in their pockets. For most of us, Nokia has been the name synonymous with mobile phones. We grew up watching and playing with Nokia devices and still part of us want the best for the Finnish manufacturers. However, it is true that Nokia’s mobile division has been bought out by Microsoft for a whopping 5.4 Billion Euros. So that, leaves HTC as probably the oldest guard left over in the mobile OEM players.


Also a part of the deal is Stephen Elop joining Microsoft as well as the trademark of names such as ‘Lumia’ and ‘Asha’ will be transferred to Microsoft. Though the tradename Nokia will remain with the Finnish mobile makers as they will continue to produce feature phones. Although this is a sad day for all Nokia users, in the long run probably this is the move that would be profitable for Windows Phone users. Simply because now all of Microsoft, Google and Apple have control over hardware as well as software front of devices, so we as consumers should expect lesser fragmentation as well as overall better experience.

Outgoing Microsoft CEO, Steve Ballmer said:

It’s a bold step into the future – a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services

It may turn out to be a great move for Microsoft in the long run, but for now, let us bow our heads down and blow kisses to our Nokia phones, cause soon, those would be rare units, and we, a generation which were last to use a Nokia smartphone.

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