The story of Nokia is far from over, but Friday marks the end of its most enthralling chapter thus far. The company was founded nearly 150 years ago and it went through a number of iterations before it became the cell phone giant most of us think of now. But as of April 25th, Nokia is no longer a cell phone company. Nokia’s devices and services business moved over to Microsoft on Friday morning as part of a deal worth more than $7 billion. The deal values Nokia’s handsets division at around $5 billion, which is obviously a painfully small fraction of what it was once worth. The cell phone maker’s failure to react when Apple first launched the iPhone back in 2007
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