💡 When Did Microsoft Purchase Nokia? - Clever.net

When Did Microsoft Purchase Nokia?

25 April 2014 - 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.

Did Microsoft buy Nokia completely?

Microsoft in 2014 completed the acquisition of Nokia's smartphone business, a move the company hoped would provide a jolt to the Windows Phone division.

Microsoft and Nokia reunite for new alliance, 5 years after ...

What happened between Microsoft and Nokia 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

Why did Microsoft acquire Nokia in 2013?

On 3 September 2013, Microsoft CEO Steve Ballmer announced that Microsoft would acquire Nokia's mobile phone division for $7.2 billion. Microsoft had been looking for a way to enter the mobile phone industry to better compete with Apple and Google.

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

Why was Nokia sold to Microsoft?

Microsoft thought that its deep pockets, paired with Nokia's near universal brand recognition, could withstand the forces of Apple and Google. It hoped it could carve a self-sustaining niche in the highly competitive smartphone world.

Five years ago, Microsoft bought Nokia's smartphone business