3 Business Unit Nokia Not Come Sold to Microsoft

3 Business Unit Nokia Not Come Sold to Microsoft
3 Business Unit Nokia Not Come Sold to Microsoft

Nokia ready to turn a new page after the board of directors removing devices and services business unit business to Microsoft . Nokia three business units that are not purchased by Microsoft will remain independent and stay focused to give service and develop products .

In a press release from Nokia headquarters in Espoo , Finland , Nokia said it will continue to play with the powers that be , namely the digital maps and location services ; telecommunications network infrastructure and services , as well as technology development .

"Today is an important moment for change and creation of new Nokia and its employees , " said Risto Siilasmaa , CEO of Nokia who previously served as Chairman of the Board of Directors of Nokia . " With a strong corporate identity , assets and leading talent , and with the new financial position , we will build the next chapter for Nokia . "

Nokia will continue to offer a platform of digital maps and location -based cloud . The company has long provided digital mapping system .

Digital map products Here is the latest Nokia , which is available for a variety of mobile devices and the web site . Here will be developed in order to be a product that integrates with corporate solutions and automotive industry .

The company also will remain a player in the industry of telecommunications network infrastructure and services . In August 2013 , Nokia fully become the owner of Nokia Siemens Network ( NSN ) , after buying a 50 percent stake in the joint venture Siemens NSN , amounting to 1.7 billion euros .

NSN optimistic can be a major player in the wireless technology 4G LTE . According to Gartner research institute , NSN controls 15 percent share of the global mobile network equipment market in late 2012 . The first position is occupied by Ericsson of Sweden with 35 percent , followed by Huawei from China with 17 percent .

In addition , Nokia also has Advanced Technologies , a business unit for technology development and patent licensing . This business unit is expected to create new business opportunities in connectivity , material technology , the web , to cloud computing .

Microsoft will spend 5.44 billion euros ( about 7.2 billion U.S. dollars ) to acquire Nokia's main business . Amounted to 3.79 billion euros ( 5 billion dollars ) to buy a business unit of Nokia devices and business services , and 1.65 billion euros ( 2.2 billion dollars ) to license Nokia patents .

Timo Ihamuotila , CFO and President while Nokia , said the transaction is expected to have a positive effect on our financial condition Nokia and can increase revenue significantly. " Overall, we will continue to focus on managing and maximizing the assets of Nokia Group , as well as cautious and pragmatic in creating value for shareholders Nokia , " said Ihamuotila .

Related Posts: