Microsoft is becoming more and more of an integrated software and hardware company than a purely software one. Maybe it's time to change the name to something without the "soft".
Nokia acquired by Microsoft
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Re: Nokia acquired by Microsoft
#12~$7 Billion for the device & services business and Nokia's patents. Seems like a good price now, but one you wouldn't have ever predicted before 2007 & the launch of the iPhone.
In 2003 Nokia was worth $245 billion[1]
[1] http://techcrunch.com/2010/06/22/the-sad-tale-of-nokias-sink...
Re: Nokia acquired by Microsoft
#13Why is this not reported in mainstream media yet?
Re: Nokia acquired by Microsoft
#14Microsoft is becoming more and more of an integrated software and hardware company than a purely software one. Maybe it's time to change the name to something without the "soft".
Or Microsofthard? I'm not very good at this.
Re: Nokia acquired by Microsoft
#15msft is buying "Nokia’s Devices & Services". nokia does other things as well, for example, nokia-siemens-network (NSN) is a significant player in the EPC (enhanced-packet-core) market as well...
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Re: Nokia acquired by Microsoft
#16"From January 2008 to September 2010, Elop worked for Microsoft as the head of the Business Division, responsible for the Microsoft Office and Microsoft Dynamics line of products, and as a member of the company's senior leadership team. It was during this time that Microsoft's Business Division released Office 2010.[15]"
http://en.wikipedia.org/wiki/Stephen_Elop
Don't believe he'll be the next CEO but certainly a possibility given his previous engagement with MSFT...
Re: Nokia acquired by Microsoft
#17What else is part of Nokia other than their 'Nokia Devices & Services'?
- here.com maps
- mobile broadband
- r&d
citation: http://press.nokia.com/2013/09/03/nokia-to-sell-devices-serv...
Re: Nokia acquired by Microsoft
#18Microsoft is becoming more and more of an integrated software and hardware company than a purely software one. Maybe it's time to change the name to something without the "soft".
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Re: Nokia acquired by Microsoft
#19To everyone speculating about what this means for the possibility of Elop succeeding Ballmer: this means that Elop is succeeding Ballmer. End of story.
edit: I would love to know why this is getting downvoted.
edit2: fair enough.
Two key facts:
1. Microsoft needs a new CEO.
They have a limited pool to choose from. The following are seemingly reasonable candidates:
- Mark Zuckerberg (never going to happen, he wouldn't agree to it)
- Steve Sinofsky (that ship has sailed)
- Tony Bates (seems like a reasonable choice; relative outsider, smart, has a tech background)
- Another member of Steve's SLT (some would be better than others. I think a sizable portion of the company would revolt if KT was chosen).
- Sheryl Sandberg (doubt it, since I think she's gunning for the US Senate)
- Carly Fiorina (MS's board would never agree to it)
- Stephen Elop (reasonably obvious choice: insider, devices experience, has CEO experience, but there's that pesky Nokia thing)
2. Microsoft has a new, relatively large, soon-to-be-on-the-board activist share holder in ValueAct. ValueAct will have a significant amount of authority over yea'ing or nay'ing acquisitions and over who the new CEO will be.
I can't imagine there's any way Elop would agree to working under someone else again. He also seems like a not-unreasonable choice for CEO of Microsoft, outside of the fact that he hasn't exactly made Nokia back into a rip-roaring success, and doesn't represent much of a change from business as usual at Microsoft.
Re: Nokia acquired by Microsoft
#20Why is this not reported in mainstream media yet?
The release came out 15 minutes ago. They are simply not that fast.