What Happened Between Microsoft And Nokia?
In 2013, Microsoft paid over $7 billion for Nokia's handset business in an ill-fated attempt to provide a third alternative to iPhone and Android handsets with Windows Phone. It failed miserably, with the purchased assets from Nokia written off in 2015, resulting in thousands of job losses.
What happened between Nokia and Microsoft in 2017?
Nokia is launching a new phones section on its site today, marking the return of Nokia-branded smartphones and tablets after Microsoft acquired its phone business and killed off the Nokia brand in favor of Lumia for smartphones.
Nokia's phones return with Android in early 2017 - The Verge
What happened to Nokia after Microsoft acquisition?
UPDATED 13:51PM: Microsoft has today (25 April) completed its purchase of Nokia's handset business, with the latter brand also moving to scotch rumours the merged company would cease producing Nokia branded products in favour of “Microsoft Mobile” products.
Microsoft completes Nokia acquisition - Marketing Week
What has Microsoft done with Nokia?
In 2016, Microsoft sold the Nokia smartphone business for $350 million to a subsidiary of Hon Hai/Foxconn Technology Group and HMD Global, led by former Nokia and Microsoft mobile executives. HMD has an exclusive license to use the Nokia brand on mobile phones and tablets.
Microsoft and Nokia reunite for new alliance, 5 years after ...
Why did Nokia and Microsoft fail?
Differences in national culture severely affected Microsoft's deal with Nokia. The M&A Synergies Framework identifies the relevant cultural aspects of the Nokia-Microsoft merger and offers insight into what caused the acquisition to fail.
Case Study of a Failed M&A— Introduction to Microsoft's ...