With its long-tenured CEO retiring and an ongoing transition to becoming a "devices and services" company, Microsoft has taken another major step in acquiring Nokia's mobile unit for $7.2 billion.As part of the agreement, set to close in the first quarter of 2014, Nokia's current CEO Stephen Elop will return to Microsoft. Speculation has immediately swirled around him as a primary candidate to take over from Steve Ballmer as Microsoft CEO, however all parties remain tight-lipped on the matter. As to the future roadmap, Microsoft wants the deal announced today to help it triple Windows Phone's mobile marketshare by 2018, though it still remains committed to its other hardware partners for the platform. Stay on top of all developments in this expanding narrative by following this stream.
Feb 14, 2014, 6:45 PM UTCNathan Ingraham
Microsoft's purchase of Nokia is still set to close by the end of March
Oct 4, 2013, 2:47 AM UTCSam Byford
Microsoft asked HTC to put Windows Phone on its Android phones, says report
Sep 25, 2013, 7:17 AM UTCVlad Savov
Stephen Elop refused Nokia pleas to take smaller payout, says report
Sep 19, 2013, 5:32 PM UTCBryan Bishop
Nokia's Stephen Elop to make more than $25 million for jumping to Microsoft
Sep 4, 2013, 11:58 PM UTCSean Hollister
How a glass coffee table could have sunk the Microsoft / Nokia deal
Sep 3, 2013, 6:04 PM UTCNilay Patel
What exactly did Microsoft just buy from Nokia? A visual guide
Pulling apart the numbers of a major transformation
Sep 3, 2013, 10:27 AM UTCJeff Blagdon
Nokians mourn the loss of their company to Microsoft
Current and former Nokia employees react to acquisition on Twitter
Sep 3, 2013, 7:27 AM UTCJeff Blagdon
With Nokia, Microsoft wants to triple Windows Phone marketshare by 2018
Sep 3, 2013, 6:51 AM UTCNilay Patel
There will never be another Nokia smartphone
A long, strange trip comes to a close
Sep 3, 2013, 5:56 AM UTCJoshua Topolsky
Steve Ballmer on Microsoft's future, and whether Stephen Elop is the next CEO
A Q&A with the Microsoft CEO on the eve of his $7.2b purchase of Nokia
Sep 3, 2013, 5:18 AM UTCAaron Souppouris
Steve Ballmer's letter to Microsoft employees regarding Nokia acquisition
"We announced some exciting news today..."
Sep 3, 2013, 4:57 AM UTCJeff Blagdon
Despite Nokia acquisition, Microsoft claims it's committed to Windows Phone partners
Sep 3, 2013, 3:06 AM UTCDavid Pierce
Microsoft buying Nokia's phone business in a $7.2 billion bid for its mobile future
That's one way to become "a devices and services company"