💡 Is Nokia Still Owned By Microsoft? - Clever.net

Is Nokia Still Owned By Microsoft?

The acquisition of Nokia's mobile phone business by Microsoft was closed on 25 April 2014 for "slightly more" than the originally stated €5.44 billion. Nokia's mobile phone assets became a part of Microsoft Mobile, a new subsidiary of Microsoft based in Finland.

What happened to Nokia after Microsoft?

After Microsoft sold off the Nokia branding rights to HMD Global, HMD ended up working with Elop after the Canadian joined Australian carrier Telstra in 2016.

There's a crazy conspiracy theory about the Nokia/Microsoft deal

Who owns Nokia currently?

Microsoft has sold the brand, which was worth $300bn at its height, in two parts for a total of just $350m. The brand name was sold to a new company called HMD, formed by former Nokia employees in Finland.

Nokia returns to the phone market as Microsoft sells brand - The Guardian

Why did Microsoft sell Nokia?

Through a series of missteps, many of them cultural mismanagement, Microsoft informed the public in May 2016, of its intention to write off most of the $7.2 billion it paid for Nokia and agreed to sell the mobile devices unit to HMD Global and Foxconn Technology for just $350 million.

Case Study of a Failed M&A— Introduction to Microsoft's ...

Will Microsoft buy Nokia again?

A leading analyst firm states that Microsoft is in the mix to buy the once-famous Nokia company. CSS Insight predicts that in 2021, Nokia will be bought by a prominent U.S.-based tech company next year. They named both Microsoft and Intel as likely to buy Nokia.

'Microsoft is considering acquiring Nokia again' - Techzine Europe