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Tuesday Morning News Dump »
September 03, 2013
Microsoft to buy Nokia phone business for $7B
$7B is a lotta scratch
Microsoft has agreed a deal to buy Nokia's mobile phone business for 5.4bn euros ($7.2bn; £4.6bn).
Nokia will also license its patents and mapping services to Microsoft. Nokia shares jumped 45% on news of the deal...
The BBC's business editor had this to say about the deal:
Is Microsoft's $7bn purchase of Nokia's mobile phone business a reshaping of the telecoms landscape, or two drunks propping themselves up at a party?
Seems like a fair question only time can answer.
I've looked at the phone app development kits for MS Phone, Apple, and Android. From my software geeky POV, the MS Phone dev kit seems the easiest to use and most polished by far. The Droid app development environment is straight up painful, Apple's stuff somewhere in the middle. The old Nokia app dev tools from their prior generation tech was produced by Torquemada Labs.