Nokia is a communications and information technology corporation.Its Nokia Networks subsidiary provides telecommunications network equipment and services. As of 2013, Nokia employed 90,000 people across 120 countries, conducts sales in more than 150 countries and reported annual revenues of around €12.7 billion. In September 2013, Nokia sold what was once the world’s largest vendor of mobile phones to Microsoft as part of an overall deal totaling €5.44 billion (US$7.17 billion). Stephen Elop, Nokia’s former CEO, and several other executives joined the new Microsoft Mobile subsidiary of Microsoft as part of the deal, which closed on 25 April 2014.
Now that Nokia has parted from its handset division, it’s looking to invest in the next big connected device: the car. Its new $100 million fund closely tracks the work its… Read more »
Nokia’s handset sales are flagging as Microsoft closes its acquisition of the manufacturer, and Windows Phone has recently lost market share in major markets such as the U.S. and China. But… Read more »
The rumors were true: Rajeev Suri now heads up the old/new Nokia. His track record in turning around the NSN networking business points to a focus on that field, but the… Read more »
The Nokia deal is done. Microsoft now owns the mobile phone part of the pioneering Finnish communications company that famously missed the transition to touch and watched its fortunes crumble. Back… Read more »
This week, we took a look at how modern businesses are using cloud collaboration tools, and examined how future data centers could control and allocated their power supplies with software. Read more »
Eight months after Microsoft(s MSFT) bought Nokia’s Devices and Services division for $7.17 billion, it’s official: Microsoft is no longer only a software giant but is also one of the world’s… Read more »
T-Mobile is bucking the trend of focusing single-mindedly on faster networks. Using a new antenna technology, it’s building better, more consistent mobile data networks. T-Mobile will roll out the new technology… Read more »
Nav systems have been optimized for cars on city streets, but what if you’re on a moped trying to avoid steep hills, or on foot on a mountain trail? You need… Read more »
After 8 months, Microsoft’s purchase of Nokia’s devices and services business becomes official on April 25. Nokia’s network and mapping groups will remain separate, but Nokia phones will become Microsoft phones. Read more »
Eventually autonomous cars will change the rules of the road, packing themselves onto streets and highways in the most efficient way possible. But the first autonomous cars will need to drive… Read more »