Some more official news heading our way, then. Microsoft have just confirmed that their purchase of the devices and services unit of mobile phone maker Nokia is to be completed this month.
April 25 to be precise, as in this coming Friday.
The $7.2 billion deal was announced all the way back in September 2013, but since then, the involved companies have had to deal with several external factors across the globe — from the necessary approval from regulatory bodies to a few legal tussles.
But all have been taken care of, it appears, and the transaction has received the go ahead.
Brad Smith of Microsoft shared the details of the close date in a post on the official Microsoft Blog, stating that the deal will help the company with acceleration in growth:
“The completion of this acquisition follows several months of planning and will mark a key step on the journey towards integration. This acquisition will help Microsoft accelerate innovation and market adoption for Windows Phones. In addition, we look forward to introducing the next billion customers to Microsoft services via Nokia mobile phones.”
Next billion customers? You’re on!
Microsoft is set to acquire not just the Lumia brand, but also the Nokia Asha lineup of feature (and well, semi smart) phones. Redmond will also take control of, and manage the company’s official domains and social media sites for up to a year. A little redesign of nokia.com might well be in order.
Interesting times, as they say, are ahead.