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News Breaks
April 25, 2014
07:01 EDTNOK, MSFTNokia completes sale of Devices and Services business to Microsoft
Nokia announced that it has completed the sale of substantially all of its Devices & Services business to Microsoft. The transaction, which also includes an agreement to license patents to Microsoft, was originally announced on September 3, 2013. The transaction was subject to potential purchase price adjustments. The estimate of the adjustments made for net working capital and cash earnings was slightly positive for Nokia, and we currently expect the total transaction price to be slightly higher than the earlier-announced transaction price of EUR 5.44B after the final adjustments are made based on the verified closing balance sheet. In India, our manufacturing facility is subject to an asset freeze by the Indian tax authorities as a result of ongoing tax proceedings. Consequently, the facility remains part of Nokia following the closing of the transaction. Nokia and Microsoft have entered into a service agreement whereby Nokia would produce mobile devices for Microsoft. In Korea, Nokia and Microsoft agreed to exclude the Masan facility from the scope of the transaction. Nokia will now take steps to close the facility, which employs approximately 200 people.
News For NOK;MSFT From The Last 14 Days
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March 31, 2015
09:39 EDTMSFTActive equity options trading on open
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March 30, 2015
06:20 EDTMSFTMicrosoft buys LiveLoop, terms not disclosed, WSJ reports
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March 27, 2015
19:00 EDTMSFTMicrosoft, Yahoo extend search partnership discussions for 30 days
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05:57 EDTMSFTMicrosoft to push 2 inexpensive notebooks in mid-2015, DigiTimes says
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March 26, 2015
12:17 EDTMSFTEarnings Preview: Analyst sees BlackBerry's revenue bottoming in Q4
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06:32 EDTMSFTGameStop pre-owned sales may see boost in Thursday earnings release, WSJ says
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March 25, 2015
10:31 EDTMSFTUBS software analyst to hold an analyst/industry conference call
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March 24, 2015
13:57 EDTMSFTMicrosoft partnering with Adobe on Project Spartan
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March 23, 2015
11:31 EDTMSFTMicrosoft and Samsung expand global partnership
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March 22, 2015
17:07 EDTMSFTFTC disclosures embolden potential EU Google probe, WSJ says
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March 20, 2015
06:04 EDTMSFTGlobal smartphone shipments to reach 1.4B units in 2015, DigiTimes Research says
Global smartphone shipments in 2015 is expected to increase 16.4% to reach 1.40B units, reports DigiTimes Research. The shipment growth is due to higher growth in demand in emerging markets including India, Southeast Asia and Latin America. Android (GOOG) will account for 78.5% of 2015 global smartphone shipments, Apple's (AAPL) iOS 16.6%, Microsoft (MSFT) Windows 4% and BlackBerry (BBRY) 0.6%.Reference Link
March 19, 2015
12:06 EDTMSFTMicrosoft, Fuji Xerox announce patent agreement
Fuji Xerox and Microsoft (MSFT) announced a broad patent cross-licensing agreement. Building on a 2007 cross-licensing pact, the agreement ensures that Microsoft and Fuji Xerox continue to benefit from access to each otherís patent portfolios and accelerate research and development, the companies said. Fuji Xerox is a 75-25 joint venture between FUJIFILM (FUJIY) and Xerox Corporation (XRX).
05:50 EDTMSFTMicrosoft, BlackBerry raises cooperation for software products, DigiTimes says
Microsoft and Blackberry have been increasing their cooperation with other companies to promote sales of software platforms and related services, reports DigiTimes. According to industry sources, the new eefforts come after their global smartphone market edge dropped 2.8% and 0.6%, respectively. Reference Link
March 18, 2015
10:01 EDTMSFTPolycom and Microsoft announces new series of video collaboration solutions
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09:03 EDTMSFTMicrosoft price target lowered to $46 on rising headwinds at Morgan Stanley
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07:03 EDTMSFTSonus transitions enterprises to Microsoft Skype for business
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05:23 EDTMSFTQihoo 360 announces partnership with Microsoft
Qihu 360 (QIHU) announced a partnership with Microsoft (MSFT) to bring Windows 10, for free, to its customers in China through seamless upgrades. Qihu 360 will enable the Windows 10 upgrade with just a few clicks for their customers with accelerated download speeds. As a result, millions of Qihu 360 users will be able to upgrade to Windows 10 quickly and easily.
05:22 EDTMSFTMicrosoft announces strategic partnership with Tencent
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05:21 EDTMSFTMicrosoft announces Windows 10 to launch this Summer in 190 countries
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