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Sep 4, 2013

Microsoft swallows Nokia’s phone business for $7.2 billion

HELSINKI/SEATTLE (Reuters) – Microsoft Corp will buy Nokia’s phone business and license its patents for 5.44 billion euros ($7.2 billion), a bold foray into mobile devices that also brings potential chief executive contender Stephen Elop back into the fold.

Two years after hitching its fate to Microsoft’s Windows Phone software, the Finnish phone maker that once dominated the global market collapsed into the arms of the U.S. software giant, its mobile business ravaged by nimbler rivals Apple Inc and Samsung Electronics.

Sep 3, 2013

Insight: As Finland reels, Microsoft doubles down with Nokia phone deal

HELSINKI/SEATTLE (Reuters) – In an era when shiny new tech start-ups can be worth tens of billions of dollars, Microsoft’s deal to acquire Nokia’s mobile handset business for 5.44 billion euros ($7.2 billion) is a modest one from a strictly financial point of view.

Yet the deal is likely to go down as a major turning point in the contemporary technology business, one that marks the end of a Finnish company’s unlikely run as world-beating tech icon even as it shapes the future of Microsoft Corp – for better or for worse.

Sep 3, 2013

As Finland reels, Microsoft doubles down with Nokia phone deal

HELSINKI/SEATTLE, Sept 3 (Reuters) – In an era when shiny
new tech start-ups can be worth tens of billions of dollars,
Microsoft’s deal to acquire Nokia’s mobile handset business for
5.44 billion euros ($7.2 billion) is a modest one from a
strictly financial point of view.

Yet the deal is likely to go down as a major turning point
in the contemporary technology business, one that marks the end
of a Finnish company’s unlikely run as world-beating tech icon
even as it shapes the future of Microsoft Corp – for
better or for worse.

Sep 3, 2013

Microsoft to buy Nokia’s handset business for 5.44 billion euro

HELSINKI/SEATTLE (Reuters) – Microsoft Corp said it will buy Nokia’s phone business for 5.44 billion euros (4.6 billion pounds), making its boldest foray yet into mobile devices and bringing well-regarded executive Stephen Elop back into the fold.

Nokia CEO Elop, a former Microsoft executive, will return as the company’s board ponders a successor to current CEO Steve Ballmer, who will depart sometime in the next 12 months after initiating an internal reorganization intended to transform the software company into a “devices and services” giant in the mould of Apple Inc.

Sep 3, 2013

Microsoft to buy Nokia’s device business for $7.2 bln

HELSINKI/SEATTLE (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research) said it will buy Nokia’s (NOK1V.HE: Quote, Profile, Research) phone business for 5.44 billion euros, making its boldest foray yet into mobile devices and bringing well-regarded executive Stephen Elop back into the fold.

Nokia CEO Elop, a former Microsoft executive, will return as the company’s board ponders a successor to current CEO Steve Ballmer, who will depart sometime in the next 12 months after initiating an internal reorganization intended to transform the software company into a “devices and services” giant in the mold of Apple Inc (AAPL.O: Quote, Profile, Research).

Sep 3, 2013

Microsoft to buy Nokia’s handset business for $7.2 billion

HELSINKI/SEATTLE (Reuters) – Microsoft Corp said it will buy Nokia’s phone business for 5.44 billion euros ($7.2 billion), making its boldest foray yet into mobile devices and bringing well-regarded executive Stephen Elop back into the fold.

Nokia CEO Elop, a former Microsoft executive, will return as the company’s board ponders a successor to current CEO Steve Ballmer, who will depart sometime in the next 12 months after initiating an internal reorganization intended to transform the software company into a “devices and services” giant in the mold of Apple Inc.

Aug 27, 2013

Microsoft: The insiders who could be CEO

SEATTLE (Reuters) – Microsoft Corp has a stable of senior executives who could be contenders to succeed Chief Executive Steve Ballmer, even though outsiders have sparked the most discussion so far.

After Ballmer’s surprise announcement on Friday that he would retire within a year, the board’s lead independent director John Thompson, who heads the search for the new CEO, said the planned transformation of the software giant into a fast-moving ‘devices and services’ company is still on track.

Aug 27, 2013

New Microsoft CEO faces big choices post-Ballmer

SEATTLE (Reuters) – The next CEO of Microsoft has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-based devices and services company, or jettison that idea and rally resources around its proven strength in business software.

Ballmer’s grand design – unveiled just six weeks before Friday’s surprise announcement that he would retire within a year – calls for ‘One Microsoft’ to pull together and forge a future based on hardware and cloud-based services.

Aug 26, 2013

Analysis: New Microsoft CEO faces big choices post – Ballmer

SEATTLE (Reuters) – The next CEO of Microsoft Corp has one big decision to make: press on with retiring chief executive Steve Ballmer’s ambitious plan to transform the software giant into a broad-based devices and services company, or jettison that idea and rally resources around its proven strength in business software.

Ballmer’s grand design – unveiled just six weeks before Friday’s surprise announcement that he would retire within a year – calls for ‘One Microsoft’ to pull together and forge a future based on hardware and cloud-based services.

Aug 25, 2013

Microsoft, Motorola set for second round of trial over patents

SEATTLE, Aug 25 (Reuters) – Microsoft Corp takes on
Google’s Motorola Mobility unit this week in the second
of two landmark trials between the companies that delve into hot
disputes over the patents behind smartphone and Internet
technology.

The jury trial, starting Monday in federal court in Seattle,
is set to resolve whether Motorola breached its contract with
Microsoft to license on reasonable terms its so-called standard
essential patents, covering wireless and video technology used
in the Xbox game console.

    • About Bill

      "Bill Rigby is Reuters' chief correspondent in Seattle, reporting on Microsoft and Boeing and overseeing coverage of general news in Washington state, Oregon and Alaska. He has been a Reuters journalist since 1998, reporting on banks, insurers, stock markets, defense companies and airlines from Reuters bureaux in London, New York and Seattle."
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