BREAKING: Microsoft to purchase Nokia’s devices & services business, license patents & mapping services for €5.44 billion in cash.

[disolitude]

Kyuu said:

NobleTeam360 said:
Interesting news. I wonder if this means we'll see Microsoft branded phones instead of Nokia.

That will somewhat defeat the purpose of buying the comany. Nokia is a huge name in the mobile market there's no way MS will not take advantage of that.

Err...thats actually the deal. They did not buy Nokia...they bought their device and services part of the company.

They get all the resources, 32,000 employees, including some very high profile executives, designers and talent, phone branding (Lumia, Pureview camera, Asha, probably symbian too...) and get to use Nokia pattents and maps as they please.

But they will not be releasing Nokia branded phones. You will be seeing a Microsoft Lumia 1520 next holiday season.