Why did Microsoft buy Nokia?
Cut to – the end of 2013, Microsoft announces the acquisition of all Nokia phone operations for more than 5B euros. It was Microsoft’s move to take part in the mobile market after having underestimated it and focused mainly only on its PC business. It was an ambitious bet and a bigger challenge for Microsoft.
Is BlackBerry still around?
The BlackBerry brand will be back with a 5G keyboard phone A new BlackBerry handset will launch in 2021. You read that correctly, BlackBerry is back from the dead… BlackBerry released one Android phone – the Priv – and then stopped making phones.
Why did Microsoft choose to buy Nokia?
Nokia was the obvious choice because it ran Microsoft’s OS. If Microsoft had not bought Nokia, there is a fair chance Nokia would have gone to Android, leaving Microsoft shut out of the handheld space. The acquisition market is propelled by fear and greed. Both were at work in this case.
What happened to Nokia?
Nokia has just been bought by Microsoft. At least the part of Nokia that directly impacts the hardware in your hand. For 7.2 billion dollars, Microsoft has just bought Nokia’s Devices and Services unit, the part that makes your beautiful Lumia running Windows Phone.
What does the Microsoft-Nokia merger mean for the devices industry?
For Microsoft, this move starts them towards their future as a devices and services company. One that not only builds experiences, but the portals to those experiences. This move will help get Nokia hardware into the hands of even more people as the two giants merge.
What does Microsoft’s Nokia deal mean for feature phones?
Microsoft sees the feature phone unit as a way to expand Microsoft services to millions of Nokia users worldwide as a way to “on-ramp” users to Windows Phones. Microsoft will be able to use Nokia’s brand on feature phones for 10 years.