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Nokia get $1 billion handout from Microsoft

Many analysts wondered why Nokia would refuse a partnership with Google, to form an alliance with floundering mobile maker Microsoft. Bloomberg Businessweek have released information which says that Microsoft are handing over $1 billion to Nokia.

The Microsoft and Nokia deal has received a lot of negative press, especially as many feel Nokia would have had a better chance with a modified Symbian or Google Android software. Both Microsoft and Nokia are struggling in this marketplace, but there is no proof that merging them will help the chances of success. Comscore today show that Microsoft are already losing marketshare with the newly released Windows Phone 7. Google Android is growly rapidly while Microsoft struggle to make any kind of impact.

All a big happy family: Stephen Elop and Steve Ballmer

Stephen Elop, Nokia CEO has a long history in the technology industry, having even spent some time as a leader in Microsoft. With the exchange of cash between Microsoft and Nokia, Microsoft will be wanting access to the huge list of Nokia patents.

KitGuru says: Time will tell if this merger will be successful. Competition is healthy, so lets hope so.

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2 comments

  1. I saw nothing wrong with their own software, it just needed a bit of work to make it look nicer.

  2. Nokia got caught with thier collective trousers around their ankles by the open platform nature of Android and to some less extent Apple (I know not really open but they encouraged development) – Nokia failed and now have to play major catch up which costs a lot of money – Good luck to them. I would like to see Google and MicroNokiaSoft as the two majors in 2 years time 😉