4 ms·
Microsoft originally paid $7.2 Billion for Nokia in 2013.
by evo_9 10y ago
Microsoft originally paid $7.2 Billion for Nokia in 2013.
- ptaipale 10y agoActually, just the Nokia handset business and right to use the Nokia brand for three years. Microsoft did not acquire Nokia (the corporation), who had net sales of 12.5 billion € in 2015.
- 0xcde4c3db 10y agoWhat should that be number be compared to, though? What they're selling is only a piece of what they bought.
- cwyers 10y agoNot to defend that acquisition, but Microsoft is keeping the Lumia business, this is JUST the feature phone business. Also, $2 billion of that wasn't part of the sale price, but a 10-year patent licensing agreement.[1] Microsoft is keeping that patent license, as well as the patents that Microsoft acquired outright in the deal. It's apples and oranges to compare the total purchase price to the sales price of part of the acquisition. [1] http://www.zdnet.com/article/microsoft-takes-control-of-nokias-phone-business-acquires-25000-new-employees/ http://www.zdnet.com/article/microsoft-takes-control-of-noki...
- kyllo 10y agoThat's true, but since then, Microsoft has already written off more than the original purchase price of Nokia: http://www.theverge.com/2015/7/8/8910999/microsoft-job-cuts-2015-nokia-write-off http://www.theverge.com/2015/7/8/8910999/microsoft-job-cuts-...