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Microsoft reportedly closing Nokia deal within a month

Microsoft announced plans to buy Nokia last year and the deal has gone through numerous checks, but reports at present state we could be looking at just a month wait for the 2 companies to finalize everything. The deal will run across Microsoft absorb Nokia's hardware division. Substantially, Microsoft will exist taking over development of Lumia Windows Phones with the same teams that make the devices we savor using today.

Hurdles have been put in place over in China, India and Korea, only these roadblocks appear to exist clearing up. Indian newspaper Business Standard reports that issues in China have been settled and the purchase is set to go through within 20 days. While Nokia remains caught up in a legal dispute in India regarding tax issues, it's non believed to have a negative touch on the Microsoft deal in terms of delays.

Once the deal eventually goes through, the tedious process of adding Nokia Ten, thirty,000 employees and other parts of the segmentation Microsoft is purchasing volition kick off. Stephen Elop volition also exist making the move to Redmond, taking an executive VP and senior leadership role. It'll be interesting to see how Microsoft comes out in late 2022, early 2022 with battle strategies to take on Google and other competitors.

via: LiveSide

Source: https://www.windowscentral.com/microsoft-reportedly-closing-nokia-deal-within-month

Posted by: messerguill1987.blogspot.com

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