Tuesday, September 03, 2013

Microsoft set to acquire Nokia's Devices & Services

Microsoft set to acquire Nokia's Devices & Services,

Nokia is all set to sell its mobile phone unit to US group Microsoft for 5.44 billion euros ($7.17 billion).

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.

Is this the beginning of a Fresh start for Nokia from here,