Story image

Microsoft seals Nokia deal

28 Apr 2014

Microsoft has completed its acquisition of the Nokia Devices and Services business following approved by Nokia shareholders and by governmental regulatory agencies around the world.

According to Redmond, the completion of the acquisition marks the first step in bringing these two organisations together as one team.

“We welcome the Nokia Devices and Services business to our family," says Satya Nadella, CEO, Microsoft. "The mobile capabilities and assets they bring will advance our transformation.

"Together with our partners, we remain focused on delivering innovation more rapidly in our mobile-first, cloud-first world.”

Reporting to Nadella is former Nokia President and CEO Stephen Elop, who will serve as executive vice president of the Microsoft Devices Group, overseeing an expanded devices business that includes Lumia smartphones and tablets, Nokia mobile phones, Xbox hardware, Surface, Perceptive Pixel (PPI) products and accessories.

According to Nadella, Microsoft welcomes personnel with "deep industry experience" in more than 130 sites across 50 countries worldwide, including several factories that design, develop, manufacture, market and sell a portfolio of smart devices, mobile phones and services.

As part of the transaction, Microsoft will also honour all existing Nokia customer warranties for existing devices.

With the Nokia mobile phone business, Microsoft will now target the affordable mobile devices market, cited as a US$50 billion annual opportunity, delivering the first mobile experience to the next billion people while introducing Microsoft services to new customers around the world.

According to Nadella, the tech giant will continue to deliver new value and opportunity, and it will work closely with a range of hardware partners, developers, operators, distributors and retailers, providing platforms, tools, applications and services that enable them to make exceptional devices.

"With a deeper understanding of hardware and software working as one, the company will strengthen and grow demand for Windows devices overall," said an official company statement, echoing the words of Nadella.

Platform9 and Intersect partner to bring unified cloud to A/NZ
“For Intersect, Platform9 represents the single most strategic solution to a set of challenges we see expanding across the board."
Gartner: AI to reduce project management workload
80% of the work performed project management teams will be taken over by AI by 2030, starting this year.
How Virtustream enabled FMC to modernise its global IT operations
As a result of transforming its IT operations, migrating mission-critical applications to the cloud and implementing a new SAP S/4HANA environment, FMC expects to realise significant cost and time savings. 
Meet the future of women in IT
Emily Sopers has just won Kordia’s first ever Women in Technology Scholarship, which was established to address gender imbalance in the information and communications technology (ICT) sector.
Microsoft Teams’ eight new and upcoming features
After taking Best in Show at Enterprise Connect, Microsoft Teams will be seeing eight new capabilities over 2019.
OutSystems and Boncode team up for better code analysis
The Boncode and OutSystems alliance aims to help organisations to build fast and feel comfortable that the work they're delivering is at peak quality levels.
Vector penalised $3.5 million for excessive levels of power outages
''Given the impact electricity outages have on consumers and businesses it is crucial that lines companies have systems in place to identify and manage the risks present in their networks."
Digital spending to hit US$1.2 trillion by 2022
A recent study by Zinnov shows that IoT spend reached US$201 billion in 2018 while outsourcing service providers generated $40 billion in revenue.