There were warning signs, like how Nokia dealt with NSN, how HERE platform was handled, how Windows RT was pushed by Nokia when absolutely nobody thought it was a good idea. Yes, as of today Nokia’s Mobile Business and its factories belongs to Microsoft, after 5.44 billion all-cash transaction. Lets start by clearing some misinformation I have seen around twitter.
- Microsoft buys Nokia’s Devices & Services business, not the whole Nokia
- Nokia will remain as the owner of NSN, HERE and Advanced Technologies, that keeps Nokia’s patents and future development
- Microsoft receives license to Nokia’s patents for 10 years. Nokia receives license to some essential patents from Microsoft for HERE.
So, Nokia has plenty to cash to burn and owns the most profitable part of the old company. Lets go out and buy Jolla! It’s not quite that easy.
Microsoft has agreed to a 10 year license arrangement with Nokia to use the Nokia brand on current Mobile Phones products. Nokia will continue to own and maintain the Nokia brand. Under the terms of the transaction, Microsoft has agreed to a 10 year license arrangement with Nokia to use the Nokia brand on current and subsequently developed products based on the Series 30 and Series 40 operating systems. Upon the closing of the transaction, Nokia would be restricted from licensing the Nokia brand for use in connection with mobile device sales for 30 months and from using the Nokia brand on Nokia’s own mobile devices until December 31, 2015.
Source: Nokia Press