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NOKIA SALE TO MICROSOFT
Nokia began in 1865 as a paper mill, expanded into rubber and cables, launched its first handheld in 1987 and led mobile phones by 1998; after 149 years, its handset business was sold to Microsoft in 2014Nokia's move toward telecommunications developed gradually rather than happening overnight. The company entered telecommunications equipmen...- Nokia: How a forgotten stock from Finland doubled investors wealth in AI comeback storyNokia shares have doubled in 2026 as investors increasingly view the company as an AI infrastructure player. Strong cloud and AI orders, br...
- Microsoft India mobile business head,Ajey Mehta to move to HMD GlobalMicrosoft India’s head of mobile division Ajey Mehta, along with 60-70 sales and marketing staff, will move to HMD Global, the newly-create...
- Nokia makes a comeback to mobile phones, as Microsoft sells feature phone business for $350 millionThe Finland based company has signed a strategic brand and intellectual property licensing agreement with a newly formed Finland firm HMD G...
- Tax issue not to impact new Nokia phone business: ICAThe income tax department has tentatively raised a Rs 10,000-crore demand from Nokia, which the company has contested.
- Microsoft rebrands Nokia storesThe change of brand follows the Microsoft-Nokia deal in which Washington-based firm acquired the handset biz of Finland-based Nokia for $7....
- Microsoft launches Nokia 130 at Rs 1649The device comes equipped with a 1.8-inch color display and a standby time of up to 36 days and 13 hours 2G talk time, provided by a 1020mA...
- End of an era: Nokia phone division to be renamed Microsoft MobileMicrosoft is buying Nokia's mobile phones division, including the teams that make feature phones. But it is not buying the divisions that a...
- Nokia may complete handset business deal with Microsoft by month endNokia today said it expects US $ 7.2 bn deal with Microsoft for sale of its mobile devices and services business to complete by the end of ...
- Nokia expects closure of Microsoft deal to be delayed until AprilNokia said it expected the 5.4 billion euro ($7.5 billion) sale of most of its phone business to Microsoft will close in April.
- Nokia reports drop in mobile sales ahead of Microsoft handoverNokia's overall year-on-year sales, not including the handset business, fell 17 per cent to 12.7 billion euros ($17.3 billion).
- Finland welcomes Delhi High Court order on Nokia tax caseWelcoming the Delhi High Court's decision in the Nokia tax case, Finland has said it would help in expeditiously executing the sale of the ...
- Nokia Chennai plant workers welcome Delhi High Court orderWorkers of Nokia plant near here welcomed the Delhi High Court order that defroze the assets of the Finnish firm in India.
- Nokia offers government Rs 2,250 crore to save Microsoft deal; to keep Chennai proceeds with third partyNokia has offered to pay about Rs 3,000 crore to government to resolve the tax row so that its Chennai manufacturing plant can be de-frozen.
- Nokia employees to move Delhi HC in Rs 6,500-crore tax dispute rowEmployees at the Finnish handset major's facility in Sriperumbudur near here have decided to move the Delhi High Court which is hearing the...
- Nokia asks High Court to lift stay on assets transfer, cites Microsoft dealThe high court also observed that "any successor would be bound to pay the tax liabilities of its predecessors as per statutory provisions".
- Microsoft to get $51 million if Nokia shareholders reject dealOn Sept 3, Microsoft said it will acquire Nokia's handset business for 5.44 bn euros in an effort to strengthen its position in the smartph...
- Nokia can't license brand 'Nokia' post Microsoft dealNokia would have right to continue and maintain Nokia brand except for certain period as per the agreement.
- Nokia to seek shareholders nod on Microsoft deal on Nov 19Nokia will seek its shareholders approval on November 19 this year to its $7.2 billion deal to sell devices and services business to US sof...
- Microsoft to buy Nokia’s handset unit for $7.2 billionThe devices and services unit, which accounted for half of Nokia’s 2012 revenue, along with 32,000 employees, will transfer to Microsoft.
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