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Microsoft acquisition of Nokia's devices and service business

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Taking computer science in college was supposed to be just an interim course for me. I preferred to be a civil engineer during that time. But that was changed when I started working on computers and Microsoft Windows was one of the reason I fall in love with computers. I became an avid fan of Microsoft technology and I focused on getting Microsoft certifications to master Microsoft platforms. As years past, I witnessed how Microsoft became the software giant and unfortunately deteriorate to its current status. I feel they can't breakthrough mobile industry which ofcourse is dominated by Apple and Samsung. But with the recent Microsoft announcement, I feel things are about to change. Microsoft Corporation and Nokia Corporation today announced that Microsoft will purchase substantially all of Nokia's Devices & Services business, license Nokia's patents, and license and use Nokia's mapping services. Under the terms of the agreement, Microsoft will pay a total transaction price of EUR 5.44 billion in cash. A very bold move indeed and it awakened the Microsoft fan in me. Read the full announcement here.

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