Friday, April 25, 2014

Microsoft’s $7.2BN+ Acquisition Of Nokia’s Devices Business Is Now Complete

Friday, April 25, 2014

Natasha Lomas / TechCrunch: 


Microsoft’s $7.2 billion acquisition of Nokia’s devices and services business has been completed. Nokia confirmed the completed transaction in a press release, noting that it has “completed the sale of substantially all of its Devices & Services business to Microsoft” (using the same phrasing it has deployed throughout the process).

Nokia said it expects the final price-tag to be “slightly higher” than the original figure of €5.44 billion given when the deal was announced last September due to the transaction being “subject to potential purchase price adjustments”:
                                                                                                                                     

 

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