whats known and unknown

Microsoft Was Close To A Nokia Acquisition Before Talks Broke Down Recently, WSJ Reports

on June 19, 2013


Microsoft and Nokia have gotten pretty cosy over the past few years, and at the time of the announcement of the Finnish company’s decision to use Windows Phone OS to power its smartphones, many speculated it was the first overture for a coming acquisition. And that is apparently where things were headed, according to the Wall Street Journal, but the proposed deal has since fallen apart.

The WSJ says talks were taking place as soon as this month, but that they’ve collapsed to the point where they aren’t likely to get revived again, meaning a Microkia or Nokrosoft isn’t likely to happen anytime soon. Talks up until that point had been very advanced, the report says, but eventually broke down because of financial difficulties faced by both MS and Nokia.

Microsoft ended the courtship, per the report. Nokia has been struggling, and the Windows Phone plan hasn’t done much…

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