The US Department of Justice (DOJ) and Federal Trade Commission (FTC) have signed off on a $7.2 billion deal allowing Microsoft to purchase Nokia’s Devices and Services unit. Shareholders of the Finnish smartphone maker recently approved the deal, which will allow Microsoft to ship its own Windows Phones with or without the Lumia branding, and today the FTC has granted early termination on the deal. We look forward to the date when our partners at Nokia will become members of the Microsoft family, and are pleased that the Department of Justice has cleared the deal unconditionally, says a Microsoft spokesperson in a statement to The Verge. An approval in the US leaves Microsoft awaiting EU approval over its deal before it can go ahead and close it fully.
Microsoft’s Nokia deal approved by US Justice Department
03
Dec
2013
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