Tag «Chairman of the Nokia Board of Directors»

Nokia to sell Devices & Services business to Microsoft in EUR 5.44 billion all-cash transaction

Transaction expected to be significantly accretive to Nokia earnings. Nokia continues to develop, and sees significant value in, advanced technologies, its patent portfolio and Nokia brand. Nokia focusing on NSN, HERE and Advanced Technologies post-transaction. Each business a leading player in its respective segment. Nokia outlines changes to leadership and Board of Directors. ESPOO, …

Microsoft to acquire Nokia’s Devices & Services business, license Nokia’s patents and mapping services

REDMOND, Washington and ESPOO, Finland – Microsoft Corporation and Nokia Corporation today announced that the Boards of Directors for both companies have decided to enter into a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services. Under the terms of the …