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So... Microsoft finally purchases Nokia.
It finally happened. Ballmer on his way out, Elop still inexplicably in as CEO of Nokia. Windows Phone a flop, Windows 8 RT a bigger flop.
And now... for 7.17 Billion - 2 Billion for patents alone, Microsoft purchases Nokia and Elop is set to rejoin Microsoft. The deal down at AllthingsD and the official Nokia press release here... Wow. |
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Not unexpected. Ballmer stepped down, Nokia is the only serious manufacturer of WP8 devices, they needed Nokia to continue their plan of getting into mobile domain...
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Well, I certainly hope the predictions of an SEC investigation ("if it ever were to happen") come true. To say this wasn't obvious from the start of his bumbling/sabotage would be beyond absurd.
No-one who can achieve a CEO position in any company should ever be capable of making the horrible decisions Elop made. Every time I saw him speak, every time I read of his speeches, I was stunned at how he would repeatedly shoot Nokia in the foot. NO CEO should EVER state how crappy their products are, how they're ending support for them and no-one should buy them, etc. "Wait for the next product line.", etc. This is the polar opposite of what successful companies do... just look at Apple - they don't want you to know when the new product is coming, or what its details are as they don't want to lose your _current_ business. Ugh... I'll stop ranting, I know I'm not saying anything new... I just hope jailtime is involved in this one as this has been criminal in a way that's obvious to the entire planet. |
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Expect patent trolling to reach new heights...
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Of all times to do this, why now? Nokia was dirt cheap at one point.
I'm pretty sad, but they had a good run. Thank you, all the employees that worked on making cool devices for us to use. |
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Oh, get this... Elop has stepped down as CEO, is now the Executive VP of Devices and Services... so he can transition back to his home... erm, Microsoft. SEC won't touch this one. Damn shame too. |
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I wish this could be stopped on some antitrust grounds. MS does not need more tools to stifle competition.
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ballmer stepped down. great timing for MS. Nokia.. what a mess.
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So, Gates finally decided to buy finland and get nokia as an extra, heh.
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This comes on as no surprise really. The track record of Microsoft is clear and unbroken; all companies partnering with MS will get the short end of the stick eventually.
Either they will be bought out by MS or their business trashed & ruined. Now I am curious about the Nokia name though. Will the current networks business be able to continue as Nokia Solutions and Networks or does this somehow affect it too? |
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So, Elop's mission for Microsoft is accomplished.
Nokia is dead and the re-possessed corpse (IP, patents) can be a very useful tool for bullying the remaining mobile industry. Partnering with MS instead of pursuing the Maemo-derivative path and remaining a proud and sought-after European brand "not approved by the NSA" has paid off handsomely. Apart from the intellectual property value and what little remains of the Nokia brand "goodwill", by buying off the remains MS is able to cover up much of the financial disaster that is windowsphone. Heartfelt thanks to all Nokia managers and directors, past and present, who made this "dream" come true. What comes to a funeral ditty, there's nothing like celebrating the present and the future with a fine song from the past. Oh Finland... http://www.lyricsdepot.com/monty-python/finland.html |
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Now that MS bought Nokia, the only thing they need is a decent OS.
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So.... How long will the lights stay on?
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This could mark the beginning of the end of WP.
Probably all the other manufacturers building Windows phones will stop doing so, because it's not profitable anymore since Microsoft sells their own Windows phones now. This would make Microsoft the only WP vendor left and they never had success with hardware. R.I.P. WP |
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Quoting Koushik Dutta on Google+:
Step 1) Send Microsoft sleeper agent, Stephen Elop, into Nokia Step 2) Drive Nokia into the ground by going all in on Windows Phone Step 3) Buy Nokia at discount I think a LOT of people saw this coming the moment Nokia hired on a Microsoft moleman. |
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The writing was on the wall for some time:
http://www.asymco.com/wp-content/upl...1.48.21-PM.png In fact, it seems as if Nokia started collapsing the very same day Elop was appointed - which I'm sure is no coincidence. I keep hoping that Microsoft's hamfisted approach to consumer electronics will eventually put them out of business for good, but their unfair business practices in the OS market appears to provide a healthy enough supply of money to keep the f***-ups coming. That said, paying just $7bn for a company that only a couple of years ago had a market capitalisation of some $250bn is a stupendous bargain. The bull has entered the china shop. |
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The Ship finally sinks and Nokia is dead. Nokia had some great devices before they started sucking.
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So what was your point? |
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What an utter, ****ed up, immense, incredible, EPIC FAIL. :(((
So long Nokia, thanks for all the good phones! EDIT : I hardly believe this will change any outline for M$ in mobile. After skype, another expensive purchase for, well, a failure. |
So 4 years after this deal, Nokia will be able to make smartphones again?
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http://allthingsd.com/20130902/micro...billion-euros/ MS will keep 32,000 jobs. Let go of 56,000 employees. I wonder how Finland feels about all this? Also, they're selling away their Asha stuff too. Derp. |
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I wonder if this will increase the chances of Here Maps being available for Jolla.
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Steve Ballmer's internal email explains Nokia's integration with Microsoft
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I can't wait for the next Microsoft shareholder's meeting. They're already angry enough at Balmer, as it is, and now I want to see how they react to buying up what's left of Nokia. I have to imagine that all of the best talent and most creative and successful people were already laid off or left already, probably long ago--and what's left hasn't been impressed anyone. How will shareholders feel about an already failing Microsoft buying up an even-worse failure Nokia?
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How much effort do you guys need in order to keep ignoring the truth: Nokia was killed by its Finnish leaders, hiring Elop was their last nail in Nokia's coffin. Don't blame Elop for doing what he was hired for.
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http://www.winrumors.com/nokias-step...crosoft-plant/ |
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One good thing with this deal is that both Nokia Lottery and Microsoft Lottery spam emails will come as a single mail :D
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Finally, whew. I was waiting for this moment so bad.
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The desktop&server business is profitable but there's no growth up there. The only business in town is the mobile business, they've realised it and haven't got it. Now, they might well be throwing money to the fire but oh boy they have got plenty of that stuff. If there's a remonte chance that this aquisition is going to turn profit one day they are risking all to do it. And just as I said, shareholders are just Bill & his bedboys, the rest don't have a say on it. |
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How does this affect Jolla? If I understood right Jolla uses Nokia's technologies on their permission. Now that those technologies are owned by Microsoft.... ?
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I'm glad its over.
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Sadly, it's a lot of workers who'll suffer the most for upper-management's golden parachutes and windfall PERSONAL profits while the company gets disappeared. |
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