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A couple of notes from what I have found. Microsoft has only licensed the Nokia patents for 10 years, with the option to extend the license. This means that Microsoft will not be collecting any royalties from this deal.

Also, Nokia's smartphone market share is about 3% for the first half of this year.

http://techcrunch.com/2013/09/03/a-trojan-horse-once-again-stephen-elop-now-evp-of-devices-at-microsoft-confirmed-as-an-internal-candidate-for-ceo-slot-as-he-lays-out-plans-in-his-own-words/

Nokia is keeping their Network Services and Mapping divisions.

http://www.bloomberg.com/news/2013-09-03/microsoft-to-buy-nokia-s-devices-business-for-5-44-billion-euros.html