Russian blogger Eldar Murtazin is hinting via Twitter that Microsoft has agreed to buy Nokia’s mobile phone division for US$19 billion.
One small software company decided last week that they could spent 19 bln USD to buy a part of small phone vendor. Thats it.
A few weeks ago, Murtazin first revealed that the two companies had begun negotiations over such an acquisition.
Nokia yesterday announced that it would not meet is own second quarter revenue targets, causing its stock to drop significantly.
Assuming that this is true, I wonder how Microsoft’s hardware partners will feel about having to compete directly against the company that supplies them with Windows Phone.
Source: BGR.com