Five years ago, in September 2013, made one of the most ill-conceived acquisitions in history, purchasing Nokia for $7.9 billion. Having failed in all its earlier attempts to bolster its failing Phone line, Microsoft decided it would buy its way into mobile by acquiring what had once been the world’s dominant mobile phone maker.

Key words: “once been.” By the time of the acquisition, Nokia, like Microsoft itself, was being brutalized in the smartphone market by the and Android. Microsoft ended up writing off the Nokia deal in 2015, laying off thousands of people.

To read this article in full, please click here



Source link
thanks you RSS link
( https://www.itworld.com/article/330452/mobile-wireless/a-new-phone-like--from--why-microsoft-why.html#tk.rss_mobile)

LEAVE A REPLY

Please enter your comment!
Please enter your name here