4 ms·
Some reports suggested that [considerable] money was part of the deal. Do we know for sure whether this is or isn't the case? "Microsoft invests $300 million i
by latch 16y ago
Some reports suggested that [considerable] money was part of the deal. Do we know for sure whether this is or isn't the case?
"Microsoft invests $300 million in a strategic partnership with Nokia" is a lot different than "Microsoft just bought Nokia for $0."
- jsnell 16y agoA one-time few hundred million would be peanuts at this scale, I can't imagine it affecting the decision unless it was quietly deposited to somebody's private Swiss bank account.
- Geee 16y agoMicrosoft will help a lot in the marketing department for the new devices, with money and with mind-share. One important point in this deal is the US markets, it would be impossible marketing effort for Nokia to gain ground on with Symbian and MeeGo, even if they succeeded in making them technically superior.
- StrawberryFrog 16y ago$0 is a precise number. "Microsoft bought Nokia for $300 million" doesn't have the same ring to it, but seems to be closer to the truth. Which makes the headline sensationalistic.
- Luc 16y agoNokia has of the order of $13 billion cash on hand. I imagine it would have to be a substantially larger investment to make their heart beat faster.
- astrodust 16y agoWhen you're Microsoft, $300M is the same as $0 for any other company. They're losing a few billion a year on their online division, yet still stay profitable overall, so $300M is really bus fare for a company that scale.