Microsoft to acquire Nokia’s Devices & Services for 5.44 Billion Euro

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The hot news just announced jointly by Microsoft and Nokia is that Microsoft is ready to pay EUR 3.79 billion to purchase the Nokia Devices & Services business, and additional EUR 1.65 billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash.

It is expected that the transaction will be finalised in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions.

On the corporate site, Steve Balmer, Microsoft chief executive officer commented the deal:

“It’s a bold step into the future – a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services. In addition to their innovation and strength in phones at all price points, Nokia brings proven capability and talent in critical areas such as hardware design and engineering, supply chain and manufacturing management, and hardware sales, marketing and distribution.”

“For Nokia, this is an important moment of reinvention and from a position of financial strength, we can build our next chapter,”

said Risto Siilasmaa, Chairman of the Nokia Board of Directors

“Building on our successful partnership, we can now bring together the best of Microsoft’s software engineering with the best of Nokia’s product engineering, award-winning design, and global sales, marketing and manufacturing,”

said Stephen Elop, who following today’s announcement is stepping aside as Nokia President and CEO to become Nokia Executive Vice President of Devices & Services.

This is a very hot development. Let us see now how the Nokia devices and the integrated Microsoft Windows Phone 8 OS develop.

Source: Microsoft News Center

Nokia launching a 10-inch Windows RT tablet in September

Rumors that Nokia is developing a tablet to be released have circulated the net for some time now and all the time the manufacturer has been insisting that it is not developing such a device although it was keeping its options open for the future. Pictures of the Nokia 10.1 inch tablet codenamed Vanquish, have appeared in the Chinese site DigiWo.

In view of the fact that Microsoft has developed and is selling the Surface RT with a Windows 8 RT operating system it was thought that Nokia will not release a similar tablet. At the same time, Microsoft anounced that it is also preparing the release of the next version of the Surface.

Well it seems that finally the time has come for Nokia to launch on the market a 10-inch Windows RT tablet. Whether this is good or bad only time will tell, but the fact is that Nokia has developed a tablet and it is using Windows RT. Microsoft’s Surface RT is not selling very well and the future of Windows RT is not so good as other manufacturers like ASUS have even droped all future plans for tablets with Windows RT it is interesting that Nokia might use the Windows RT for its tablet. Nokia it seems will go ahead with such a tablet and maybe the reason is that it is going to use the update Windows 8.1 that Microsoft will release in October.

Releasing a 10-inch tablet with Windows RT, Nokia will be faced with severe competition from the established manufacturers of such devices Apple, Samsung and Asus. Being a late comer to the 10-inch tablet market and to be able to compete with them Nokia will have to offer something very special, a better user experience and a price that is competitive. Better camera maybe? Will it be able to do that we will have to wait and see.

The Chinese site DigiWo has also published a leaked picture of the back of the Nokia tablet.

What we know so far from the leaked specs that the Nokia tablet is with a 10.1-inch display, 2.15 GHz Qualcomm Snapdragon 800 processor, 2GB or 3GB RAM, 32 GB storage, 1080p resolution, 5-point touch screen  with a detachable keyboard similar to the Touch / Type Cover of the Surface. The External keyboard has built in extra battery, USB port, Micro HDMI & USB 3.0.

It is expected that Nokia will officially show the new tablet at a special event to be held in New York on September 26th. It will run Microsoft Windows RT OS most likely the Windows 8.1 version expected to be released by Microsoft on October 18th.

 

Pictures: DigiWo

 

Nokia HERE Maps Available for other Windows phones

Nokia HERE Maps Available for other Windows phonesStarting today the Nokia Here Maps app is now available for all Windows 8 devices. There is a catch, the Nokia Here Maps app is available free of charge for owners of Nokia’s Lumia 928, 925, 920, 822, 820, 810 and 620, but other  owners of non-Nokia widows 8 devices will have to pay 34.99 to use the Nokia App.

This gives an incentive for users to own the Lumia devices and use Nokia Here App free of charge.