PrimeDesk Blog: Microsoft May Buy Nokia.

Ads 468x60px

Labels

Tuesday, June 12, 2012

Microsoft May Buy Nokia.

Rumors are flying again that Microsoft is eying a buyout of Nokia -- and this time they might be true. It's not so much that Microsoft wants to buy the troubled phone maker as that Microsoft may be forced to buy it to propup the struggling Windows Phone platform.
The Register reports that late last year Microsoft was given a look at Nokia's books because Microsoft wanted to see which partsof Nokia might be worth buying. But Microsoft was not impressed, the Register says, and so made no bid.
But things have changed since then. Nokia is in such bad financial shape that it could run out of cash, says Reuters . On May 18 the news service reported:
Why might Microsoft buy Nokia now when it declined to do so after getting a look at the company's books late last year? Nokia is clearly in worse shape than it was back then, and Microsoft simply can't afford a severely weakened Nokia. The future of Windows Phone rests as much with Nokia as it does with Microsoft. Without Nokia, Windows Phone will be nearly dead.
Courtsey pcworld.

0 comments:

Post a Comment

Your comments are appreciated.
Feel free to drop them and I will get back to you as soon as possible. Thanks.

 

Sample text

Amazon Gift Cards Just For You.

Ads