Microsoft Acquires Nokia's Hardware Business For $7.2B, Canadian Elop Re-Joins Microsoft
By Dave Forde / September 3, 2013Microsoft would acquire Nokia, as they continue to struggle in the very competitive phone business. After close to half a year of discussions and multiple meetings the deal has come to a close, Microsoft has acquired Nokia’s Devices & Services business, license Nokia’s patents for a total of $7.17 billion last night.