AfterDawn: Tech news

Microsoft to buy Nokia's mobile phone business for $19 billion?

Written by Andre Yoskowitz (Google+) @ 01 Jun 2011 11:07

Microsoft to buy Nokia's mobile phone business for $19 billion? This is complete rumor, but the story is picking up steam around the Web.
Eldar Murtazin has Tweeted today that Microsoft is set to purchase Nokia's mobile phone business for $19 billion cash.

Murtazin said two weeks ago that the software giant was in talks with Nokia about purchasing the unit, but a Nokia spokesperson shot down the report saying "Eldar’s rumors are getting obviously less accurate with every passing moment."

Reads the latest Tweet:

One small software company decided last week that they could spent 19 bln USD to buy a part of small phone vendor. Thats it.


Earlier this year, the two companies struck a deal to place Windows Phone 7 on all new Nokia smartphones. Unfortunately for investors, Nokia's stock has seen some pretty big issues of late.

Previous Next  
Comments have been disabled for this article.

Latest user comments

News archive