Microsoft Buys Nokia Mobile Store Sold

Microsoft will purchase Nokia’s mobile business for 40.5 billion kroner.

Microsoft stands poised to buy mobile part in Nokia, reported in a press release that was issued early Tuesday morning Danish time.

The offer sounds at 5.4 billion euros, equivalent to 40.5 billion Danish kroner.

-“It’s a bold step into the future and the next big part of our transformation,” Microsoft Chief Executive Steve Ballmer says, who last week announced his departure.

Rumors have the past week has gone on, that Nokia’s ceo Steven Elop is the favorite to succeed Ballmer at the top post.

The Chairman of Microsoft, Risto Siilasmaa emphasizes that the takeover is the best way for Nokia and the shareholders.

The deal is expected to be in place at the beginning of 2014 and shall be subject to approval by authorities and shareholders in Nokia.

Nokia will in future focus on the network Division, which is a velfungerene and profitable business.

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