Microsoft is no longer just a software giant, it’s now a hardware giant.
Based on the crrent news reaching us,it's revealed that-Nearly eight months after its original announcement,
Microsoft has completed its deal to purchase Nokia's devices and
services unit today. Microsoft will pay €3.79 billion for Nokia's phone
making business, plus another €1.65 billion to license its portfolio of
patents. That's a total of €5.44 billion (around $7.2 billion), a lot
less than the $8.5 billion Microsoft paid for Skype back in 2011.
The deal sees Microsoft take control of more than 90 percent of all
Windows Phones with Nokia's Lumia lineup, and the company will also
acquire the low-end Asha brand, Android-based Nokia X handsets, and
feature phones. The Redmond-based software maker will now morph into a
hardware maker responsible for shipping more than 200 million handsets a
year with an additional 32,000 employees moving across from Nokia.follow the link for full story > > >
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