Nokia Sells Handset Business to Microsoft for $ 5 Billions!

Nokia has finally siphoned off its handset business to Microsoft for $5 Billions. In a $ 7.2 bn deal Microsoft gets Nokia's handset business and a 10 year license on Nokia's technology patents.

Will this deal mark the turnaround in the erstwhile Nokia mobiles?

Will it give Microsoft the edge needed to offset Google, Samsung and Apple in the Mobile and handset technology business?

Microsoft's Windows Operating system languishes behind Android and Apple in terms of apps and popularity. Samsung meanwhile has a popular handset for every segment.

Microsoft and Nokia products need to do something different to attract consumers, developers and reach the same level of popularity.

Read more about it here.

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Posted by: Tukiyooo Nokia Sells Handset Business to Microsoft for $ 5 Billions! Updated at : 12:36 AM

Wednesday, September 4, 2013