Since Microsoft announced the collaboration with Nokia in Feb. 2011, where Nokia would use almost exclusively (although there was no exclusivity contract signed) the Windows Mobile OS on their new phones, a lot of people where asking themselves, why no just simple buy the company out!. Well, now they did.
Microsoft just announced that they will be buying Nokia´s devices and services business for around USD 5 billion. They are also long term licensing their maps and some patents for another USD 2.2 billion.
Nokia will remain their business with Navteq a major player in Map data for GPS receivers and applications. (more…)