Reuters: Technology News: Microsoft to buy Nokia's handset business for $7.2 billion

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Microsoft to buy Nokia's handset business for $7.2 billion Sep 3rd 2013, 05:50 Tweet Share this Email Print The Microsoft logo is seen at their offices in Bucharest March 20, 2013. Credit: Reuters/Bogdan Cristel HELSINKI | Mon Sep 2, 2013 11:16pm EDT HELSINKI (Reuters) - Microsoft Corp on Tuesday said it will buy Nokia's mobile phone business for 5.44 billion euros ($7.2 billion). The deal is expected to close in the first quarter of 2014 and it is subject to approval by Nokia's shareholders and regulatory approvals. Nokia partnered in 2011 with Microsoft and uses Microsoft's Windows software to run its mobile phones. ($1 = 0.7582 euros) (Reporting by Terhi Kinnunen; Editing by Miral Fahmy) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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