Thread: So... Microsoft finally purchases Nokia.
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sixracer is offline sixracer
2013-09-03 , 15:28
Posts: 62 | Thanked: 27 times | Joined on Dec 2009
#51
Originally Posted by ranbaxy View Post
Microsoft just bought the handset business unit. NSN and Nokia's patents will remain with Nokia - as far as I understand.
Nokia will be sitting on close to $20B in cash after this deal. Their telecom infrastructure business is quite strong. They would have no trouble buying Alcatel-Lucent for $5-6B and consolidating the infrastructure business. Markets agree with 35% gain in stock.

Prediction: Nokia acquires Jolla in a year and reenters smart-phone business with Meego!