Dec 14, 2011

Microsoft may buy Nokia in early 2012


Microsoft may buy Nokia in early 2012
Nokia may well have a new owner by this time next year, if the banking folk over at Danske Bank are to be believed – they reckon Microsoft will scoop up the Finnish phone manufacturer in the first half of 2012.
The Nokia/Microsoft buyout chatter has been rife ever since the two companies hopped into bed together on Windows Phone, and it hasn't hurt Nokia – its share price slunk up by more than 3 per cent thanks to Danske Bank's speculation.
Stephen Elop, Nokia's current CEO, joined the company from Microsoft which leads some people to suspect that he's been sent in specifically to facilitate the sale of the handset arm.

Yes no maybe

The Finnish company isn't having any of it though; "We put these rumours to rest a long time ago," said Doug Dawson from the company, but it wouldn't be the first time a company has said one thing and done another.
Will Microsoft buy Nokia? We don't know, but we definitely wouldn't rule it out; after all, Google's in the process of buying Motorola and Apple already makes its own iPhone hardware.

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