What exactly did Microsoft get? I've heard that most of the 'smart' people have been transferred to the network division a long time ago, and rest of the people have been laid off; Nokia's own factories have been shut down; maps division wasn't included in the deal; no patents were sold, just licensed. Microsoft got exclusive rights to Asha/Lumia brands and related design IP, and 32 000 employees. It seems that almost everything that was actually failing or dead weight, is now owned by Microsoft. Part of the deal was that Nokia can't use 'Nokia' brand name in smart phones for 10 years. Why? Of course Microsoft is afraid (or knows) that Nokia could start a new smart phone division, and that is a big threat apparently. If Jolla can make a phone with 200 people, why wouldn't Nokia, with all their patents, after all? I don't think they will do it, but it's completely plausible. TL;DR Nokia sold Elop to Microsoft for $7.2B Edit: The above 10 year deal was incorrect, actually Nokia can start using it's name on mobile devices in 2016.