Microsoft has yet to reveal how it will integrate Nokia and its products into its operations.based on the news according to source the global smart phone giant Nokia has come to what i called final agreement on the sale of its devices, services business!..
Hence, licensed its patents to Bill Gate's Microsoft for 5.44 billion euros.
The sale means that Nokia is cash rich to the tune of 8 billion euros.
with much effort,Shareholders voted for the move in large numbers crushing opposition that wanted to keep the company in Finnish hands yet it never work out!..
Nokia’s fall from grace was a result of its slow recognition of the market potential of smartphone development.
Nokia earlier this year suspended its annual dividend for the first time in the 148-year-old company’s recorded history in an attempt to preserve cash.
It is believed that the company plans to return money to shareholders, possibly through a dividend payment.DETAILS..
The sale means that Nokia is cash rich to the tune of 8 billion euros.
with much effort,Shareholders voted for the move in large numbers crushing opposition that wanted to keep the company in Finnish hands yet it never work out!..
Nokia’s fall from grace was a result of its slow recognition of the market potential of smartphone development.
Nokia earlier this year suspended its annual dividend for the first time in the 148-year-old company’s recorded history in an attempt to preserve cash.
It is believed that the company plans to return money to shareholders, possibly through a dividend payment.DETAILS..
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