News tagged with nokia corp

India court frees Nokia plant for Microsoft sale

An Indian court Thursday released a major plant owned by Nokia seized over a multi-billion-dollar tax row, paving the way for the Finnish firm to include the factory in the sale of its mobile business to ...

Dec 12, 2013
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Microsoft to take over Nokia HQ in 2014 after deal

Nokia says its headquarters near the Finnish capital will be taken over by Microsoft on completion of the sale of its cellphone and services division to the U.S. software company, expected in early 2014.

Nov 21, 2013
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Microsoft to face many questions from analysts

Amid the largest corporate restructuring in its nearly 40-year history, and what is viewed by many as a risky $7 billion acquisition of Nokia Corp.'s mobile-handset business, Microsoft Corp. meets with Wall Street analysts ...

Sep 23, 2013
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Nokia to pay outgoing CEO Elop $25 million

Nokia Corp. says it will pay outgoing CEO Stephen Elop a compensation package of some $25 million (19 million euros) when he leaves the company to move over to Microsoft.

Sep 19, 2013
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Nokia stock surges on Microsoft takeover (Update 2)

Microsoft Corp. is buying Nokia Corp.'s line-up of smartphones and a portfolio of patents and services in an attempt to strengthen its fight with Apple Inc. and Google Inc. to capture a slice of the lucrati ...

Sep 03, 2013
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Microsoft to buy Nokia phones, patents for $7.2B

Microsoft Corp. is buying Nokia Corp.'s line-up of smartphones and a portfolio of patents and services in an attempt to mount a more formidable challenge to Apple Inc. and Google Inc. as more technological ...

Sep 03, 2013
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S&P further downgrades Nokia after NSN purchase

Ratings agency Standard and Poor's on Friday downgraded Nokia Corp.'s credit rating, citing the deal this week to buy out Siemens from its Nokia Siemens Networks joint venture for 1.7 billion euros ($2.21 billion).

Jul 05, 2013
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Nokia buys network operations from Siemens (Update)

Nokia is turning to the stronger-performing parts of its business to help bolster its struggling smartphone arm, as it offered Siemens 1.7 billion euros ($2.22 billion) for its half of the networks joint venture.

Jul 01, 2013
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