Tag: Microsoft

• Thursday, September 5th 2013 - 01:30 UTC

  Microsoft buys Nokia mobile phone business to focus on “devices and services”

  

  Microsoft has agreed a deal to buy Nokia's mobile phone business for 5.4bn Euros. Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 35% on the news, whereas Microsoft's fell more than 5%. The purchase is set to be completed in early 2014, when about 32.000 Nokia employees will transfer to Microsoft.

• Tuesday, May 10th 2011 - 21:11 UTC

  Microsoft buys Skype for 8.5bn USD; targets Google leading position in advertising

  

  Microsoft Corporation agreed to buy Skype Technologies SA for 8.5 billion US dollars in cash to gain the world’s most popular Internet calling service and its 663 million customers.