Microsoft Acquires Nokia’s Devices & Services Unit For $7.2 Billion

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Dreams of an Android-powered Nokia were well and truly quashed today when Microsoft announced that it has reached a deal to acquire Nokia’s Devices and Services unit for $7.2 billion. The move will see Microsoft take ownership of the Finnish firm’s entire smartphone lineup, giving it complete control over both hardware and software.

Looking For A Worthy Competitor To Apple? Nokia’s Got The Goods [CES 2012]

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Stephen Elop

LAS VEGAS, CES 2012 — Over the past year, Nokia has been making steady incremental improvements to reshape the company’s image by showing the world that greatness doesn’t come to those who merely copy what the best company is doing. Greatness is achieved by setting yourself apart from the competition by taking a radically different path than everyone else. Apple has known this fact for decades and have used it become the most admired company in the world, and during Nokia’s press conference today it was readily apparent that the only company that should be viewed as a truly worthy adversary to Apple in the mobile market is Nokia.