Microsoft completes acquisition of Nokia’s Devices and Services business, price ‘slightly higher’ than $7.2B

As expected, Microsoft today announced the completed acquisition of Nokia’s Devices and Services business. Originally announced back in September, Nokia’s devices and services business was valued at €3.79 billion ($5 billion) and Microsoft also said it would spend a further €1.65 billion ($2.2 billion) to license Nokia’s patents — making the total cost €5.44 billion ($7.2 billion), to be paid in cash. Yet that price is not the final one: “The estimate of the adjustments made for net working capital and cash earnings was slightly positive for Nokia, and we currently expect the total transaction price to be slightly higher...

This story continues at The Next Web

from The Next Web


0 Kommentare:

Kommentar veröffentlichen