Finnish company acquires Nokia’s mobile phone unit Microsoft. The deal, worth about ৫ 6.5 billion, was officially launched yesterday Done. As a result, from the world of mobile devices Took leave One-time giant brand Nokia.The Finnish firm will now focus on developing their networking, mapping technology and licensing. There will probably never be a Nokia smartphone in the world.
The former as a result of this agreement Nokia CEO Stephen Elp is joining Microsoft. He will be in charge of Microsoft’s Lumia smartphone and tablet division. Xbox hardware, Surface and Nokia’s latest mobile phones will also come under Mr. Elp.
Nokia-owned “Lumia“And” hope “trademarks will also go to Microsoft. But the “Nokia” trademark will remain with the Finnish company. According to Deal’s Terms and Conditions, only feature phones can be released using the “Nokia” trademark under a 10-year license agreement. But neither Nokia nor Microsoft will make feature phones – it doesn’t seem right to think so. However, both companies will be in a licensing process for Nokia devices currently on the market.
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