Detailed inquiry: Microsoft buys Nokia handset business 7.2 billion US dollars

Sina Science and technology news Beijing time of September 3, Microsoft announced today that it will buy Nokia mobile phone business by 3.79 billion euros, and a total of 1.65 billion euros to buy its patent portfolio, totaling 7.17 billion U.S. dollars. After the acquisition is completed, Nokia's "equipment and services" will be included in the bag by Microsoft. At present, Nokia mainly has equipment and services, here map and network equipment three business units, while the equipment and services sector is mainly responsible for mobile phone business. Theverge, the US science and technology blogger, said the move would make Windows Phone 8 "soft and hard" and Microsoft would be able to provide an integrated solution across hardware and software. The deal is expected to be completed in the first quarter of 2014 and is subject to approval by Nokia shareholders and relevant agencies. As of 11:35, Nokia's current stock price of 3.90 U.S. dollars, the market value of 14.61 billion U.S. dollars, Microsoft's acquisition is less than half of Nokia's market value. This is not surprising, analysts say, because Microsoft has only bought Nokia's mobile phone business, and the online map and network equipment business is still owned by Nokia. The following is an open letter from two companies: Microsoft will buy Nokia equipment and services and speed up the development of Windows ecosystem Nokia and Microsoft have great dreams – we dreamed that everyone should have a computer on their desks, and everyone should have a cell phone in their pockets, After our long and unremitting efforts, these dreams are now becoming reality. Today marks a new moment for innovation. Nokia has 150 years of heritage, innovation, excellence, and innovation, and the DNA of this change begins in Finland and continues to evolve and spread across the globe. From the original paper mills to the production of rubber shoes and tires, and then to mobile phones, the spirit of innovation is in the blood of Nokia. Nokia will write a new chapter to continue its network of mobile areas, maps and locations, as well as cutting-edge technology innovation. Microsoft is the same, today is a brave step towards the future, a great leap towards our new journey: to create a range of equipment and services, to delight consumers and help large and small enterprises. In our past 2.5 partnerships, both sides have built a new global mobile ecosystem with their strengths: Nokia's Windows Phones is becoming the world's fastest-growing intelligent terminal with its award-winning handsets and superior mobile apps and services. On the basis of this successful cooperation, we announced today the important news: Microsoft is intent on acquiring Nokia's equipment and service business, offering customers more choices, faster innovation and more amazing equipment and services. This will accelerate the development of Nokia's equipment and services business, bring more people to the world's most innovative smartphones, and continue to reach 1 billion users with Nokia's rich feature handset products. Microsoft's commitment and resources will drive Nokia's equipment and services business forward, and we can now realize the enormous potential of the Windows ecosystem, bringing the most perfect mobile experience to people's work and life. Wewill continue to produce your favorite mobile phones and invest in the future-combining the best new handsets and new services from Microsoft and Nokia resources. Nokia and Microsoft are all committed to this new chapter. We will work together to rewrite the boundaries of the mobile realm. Elop and Ballmer.