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Microsoft Buys Nokia Mobile; Google Buys WIMM; LG Reveals G Pad

2013-09-03 18:33:30| PC Magazine Notebooks Product Guide

From Microsoft's acquisition of Nokia's phone business to Google's wearable tech buy, here's what you missed over the holiday weekend.

Tags: google mobile microsoft nokia

Microsoft Buys Nokia's Handset Business for $7.2B

2013-09-03 14:35:04| PC Magazine Cell Phones Product Guide

Microsoft on Tuesday announced that it will acquire Nokia's devices and services business for 3.79 billion Euros, or about $5 billion.

Tags: business microsoft buys handset

Microsoft buys Nokias phone business for $7.2 billion in an attempt to imitate Apple

2013-09-03 13:58:38| Extremetech

Microsoft has announced that it will acquire Nokia's mobile phone business, and a "broad intellectual property license" for Nokia's patent portfolio, for 5.44 billion Euros (~$7.2 billion). This deal will see Stephen Elop return to Microsoft as the vice president of the newly minted Nokia division, along with some 32,000 other Nokia execs and employees. Microsoft's rationale for the acquisition, which is due to complete in early 2014, is that it will allow the software giant to finally, seriously, definitely compete against Apple and Google in the smartphone and tablet markets. For real this time. Honest.

Tags: to business phone microsoft