Source Pravda.Ru

Microsoft to swallow Nokia up whole

Microsoft intends to buy a unit of the Finnish maker of mobile phones, Nokia. The deal is evaluated at seven billion dollars.

Experts point out that the move will be a logical continuation of the recent cooperation between the two companies that gave the world many amazing and unique products. The transaction is to be completed during the first quarter of 2014. Five billion dollars are to be paid for business per se, whereas the remain part - for patents.

As expected, after the sale of the mobile unit, Nokia will remain as a brand, but it will be a different company . The Finns intend to focus on the development of maps and navigation systems.

Nokia's shares skyrocketed by 47 percent in Helsinki in the morning of September 3rd, after the news was made public, having marked a record growth of quotations of the company.  

 

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision
Comments