The Latest in IT Security

Nokia says now expects Devices sale to close in April

24
Mar
2014

Finlands Nokia said on Monday it expected the 5.4 billion euro ($7.5 billion) sale of most of its Devices and Services business to Microsoft will close in April this year. Nokia had previously said it expected the deal to close in the first quarter of the year. Nokia said the transaction still requires approvals from certain antitrust authorities in Asia which are still conducting their reviews. Nokia reiterates that ongoing tax proceedings in India have no bearing on the timing of the closing or the material deal terms of the anticipated transaction between Nokia and Microsoft, the company said in a statement.

Comments are closed.

Categories

FRIDAY, MARCH 29, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments