Reuters: Technology News: Microsoft seeks EU approval for $7.5 billion Nokia deal

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Microsoft seeks EU approval for $7.5 billion Nokia deal Oct 30th 2013, 10:44 Tweet Share this Email Print Reprints A photo illustration shows the Microsoft logo displayed on a Nokia phone in Vienna September 3, 2013. Credit: Reuters/Heinz-Peter Bader BRUSSELS | Wed Oct 30, 2013 6:44am EDT BRUSSELS (Reuters) - Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia's phone business as part of a push into the mobile devices business. The deal, announced last month, includes a 10-year licensing agreement of Nokia's patent portfolio. The European Commission said it would decide by December 4 whether to clear the acquisition. It can extend the review by 10 working days if Microsoft offers concessions to allay possible competition concerns. ($1 = 0.7262 euros) (Reporting by Foo Yun Chee) 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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