Tuesday, September 3, 2013

The Future of Nokia? Three major businesses ... - Business Pulse

Nokia, once the largest mobile phone manufacturer in the world, decided to sell the equipment department concern Microsoft. What the Finns will now earn

Replies brings message on transactions with Microsoft. Nokia will focus on further development of its businesses in three key segments to be the next chapter in the history of the company:

first Nokia Solutions and Networks – van telecommunications infrastructure.

2 HERE – service that offers maps and manufacturer of electronic navigation.

3 Advanced Technologies – arm of the group involved in research and development, whose task is to search for new business opportunities.

the negotiations agreed that Microsoft will be a strategic platform licensee HERE and Finns will separately pay for a four-year license. Nokia says that revenue stream in this respect, in principle, the existing internal offset the proceeds of department equipment and services. After the closing of the transaction, Microsoft aims to become one of the key clients HERE.

The company will maintain its headquarters in Finland. Excluding the approximately 32 thousand. employees whose waiting transfer to Microsoft, the Finns were employed at the end of the second quarter of this year 56 thousand. people.

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