Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
APC Free White Paper
Optimize your network investment &
Enter to win a Samsung Galaxy Note

www.apc.com
Mobile Tech
Next Generation Data Center Is Here!
Average Rating:
Rate this article:  
Microsoft Acquisition of Nokia Devices To Close this Week
Microsoft Acquisition of Nokia Devices To Close this Week

By Seth Fitzgerald
April 21, 2014 2:48PM

    Bookmark and Share
To avoid confusion, Microsoft is reportedly going to rename the Nokia Devices and Services business Microsoft Mobile. The name change was first made public in a leaked Nokia letter. With the name change it is possible devices like the Nokia Lumia 1020 will eventually be called Microsoft Mobile Lumia 1020, or even Microsoft Lumia 1020.
 



Microsoft has confirmed that after a lengthy international review process, its $7.2 billion acquisition of Nokia's Devices business and the company's patents will finally close this Friday. Plans for the acquisition were first announced in September 2013, and with the exception of some Asian regulatory authorities, the deal passed through other regulators in North America and Europe without issue.

Some changes have been made to the deal since it was first made public. In 2013, both companies agreed that Nokia's Chief Technology Office employees would remain with Nokia but it now appears that 21 of them will be heading to Microsoft. Certain aspects of the agreement, such as which company will control Nokia's handset factory in India, have not been made public.

Microsoft Mobile

To avoid confusion, Microsoft is reportedly going to rename the Nokia Devices and Services business Microsoft Mobile. The name change was first made public in a leaked letter from Nokia to its suppliers.

By changing the division's name it is possible that devices like the Nokia Lumia 1020 will eventually be called the Microsoft Mobile Lumia 1020, or even the Microsoft Lumia 1020. Ross Rubin, principal analyst at Reticle Research, believes the latter is more likely.

"With the Nokia brand removed from the smartphone line, it could simply be called Microsoft Lumia," Rubin said. "This would allow Microsoft to retain some of the value around the Lumia brand that has been built up over the past few years, assuming that it didn't want to change that name for some reason."

Since Microsoft has acquired the Lumia brand and Nokia has entered into a non-compete agreement that prevents it from releasing handsets through 2015, the naming structure could also stay the same. The only issue present with not renaming Nokia's phones and tablets is that consumers could end up confused as to which company is actually making the devices.

Away from Consumers

Without its Devices and Services business, Nokia has been stripped down to its last significant subsidiary, Nokia Solutions and Networks (NSN). Only one month before the Microsoft deal was announced, Nokia acquired all of Siemens' stake in what was previously called Nokia Siemens Networks.

Although the consumer-facing sector of Nokia is the only part that most people knew about, its deal with Microsoft does not mean that Nokia is no longer a massive player in the technology industry. NSN, which employs nearly 60,000 people around the world, is one of the largest mobile broadband companies and will continue to compete against telecommunications giants like Alcatel-Lucent.

One of the few consumer-based revenue streams that Nokia will hold onto once the acquisition closes is HERE Maps. Nokia has built up HERE since 2007 and it will still be able to sell location services in the future. Since the Devices and Services unit had struggled in recent years, Nokia may become a more efficient company by focusing solely on NSN and HERE Maps.
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Mobile Tech
1.   Virgin Mobile Offers Custom Plans
2.   Asana Revamps Mobile App
3.   Android 'Fake ID' Puts Millions at Risk
4.   FTC Wants Fix for Mobile Cramming
5.   Facebook To Force Use of Messenger


advertisement
Android 'Fake ID' Puts Millions at Risk
Users: stick to apps from Google Play.
Average Rating:
Dell, BlackBerry Downplay Threat
Say Apple-IBM alliance can't hurt them.
Average Rating:
BlackBerry Acquires Secusmart
German security firm offers street cred.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Tor Internet Privacy Service Warns Users It Was Breached
You may never have heard of the Tor Project, but the Internet privacy service is making headlines. Tor’s devs say users might be victims of an attack launched against the project earlier this year.
 
Canadian Government Charges China With Cyberattack
The government of Canada is not happy with China. Canadian officials have accused "a highly sophisticated Chinese state-sponsored actor" of launching a cyberattack on its National Research Council.
 
Researchers Working To Fix Tor Security Exploit
Developers for the Tor privacy browser are scrambling to fix a bug revealed Monday that researchers say could allow hackers, or government surveillance agencies, to track users online.
 

Enterprise Hardware Spotlight
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 
Watson Gets His First Customer Service Gig
Since appearing on Jeopardy, IBM's Watson supercomputer has been making a living using his super-intelligent knowledge base for business verticals. Now, Watson's been hired for his first customer service job.
 

Mobile Technology Spotlight
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 
Facebook: You Will Use Messenger, and You Will Like It
Starting this week, Facebook users with Android and iOS phones will be forced to use the separate Messenger app to send Facebook messages. Pending messages will still be visible in the main app.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.