Latest News: Technology |  Celebrity |  Movies |  Apple |  Cars |  Business |  Sports |  TV Shows |  Geek

Trending

Filed under: News | Misc

 

Nokia and Microsoft expected to close deal next month

The two companies seem to be working on the acquisition of Nokia's Devices and Services division

2 Updates
Nokia and Microsoft expected to close deal next month
 
 

YouTube Videos Tweets Comments

Full Story

Nokia and Microsoft expected to close deal next month

A lot has been going around lately regarding Nokia's Devices and Services division and its acquisition and we have recently got some statements from Microsoft and Nokia which address this matter. Some related patent licenses also seem to be part of the deal here and both companies are expecting the deal to be closed soon with the final round of formalities and regulatory approvals nearing completion.

It has been quite some time now since the deal was first announced back in September last year and was about Microsoft acquiring Nokia's Devices and Services division and granting exclusive use of its patents for a period of ten years. Of course we understand that the deal was a big thing to manage and it had to go through a lot of processes which it has lately. But still we werent expecting it to take this long. Regulatory approvals from fifteen markets across five continents have been received by Microsoft and the European Commission and the US DoJ have long since given said approval and were the earliest to grant this deal a thumbs up. Now the only thing holding this deal back is the intrusion from certain Asian antitrust authorities which seem to be coming in the way. At the start of the month, Korean manufacturers petitioned the FTC in regards to Microsoft's exclusive use of Nokia's patents.

source: nokia

 

iPad Air Giveaway. Win a free iPad Air.

You Might Also Like

Updates


Top Tweet


Sponsored Update

Update: 2

Tweets

 

Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.

 

 

Comments

blog comments powered by Disqus

Latest stories

&#039;NFL Now&#039; Launches on Apple TV With Breaking Football News and Highlights
'NFL Now' Launches on Apple TV With Breaking Football News and Highlights
The video content can be viewed on the iPhone, iPad, Mac (via a web browser) and other connected devices such as Roku, Amazon Fire TV, and as of today, the Apple TV channel that was leaked earlier in the month.
 
 
Intel and Unity announce collaboration to bring Android support to x86 devices
Intel and Unity announce collaboration to bring Android support to x86 devices
Unity will add Android support for Intel’s current and future x86 chips, including the Core and Atom families.
 
 
iPad Air 2 will double-down on RAM
iPad Air 2 will double-down on RAM
The upgrade might be incoming due to the multi-window feature for iPad we’ve been hearing about.
 
 
Walmart discounts on iPhone 5s and 5s
Walmart discounts on iPhone 5s and 5s
Walmart discounts 16GB iPhone 5c to 97 cents, 16GB iPhone 5s to $79 for 90 days
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.