Archive for May, 2011

Microsoft To Buy Nokia?

The Internet is once again awash with speculation that Microsoft is planning an audacious move to acquire its smartphone partner Nokia’s handset business. The source of the latest gossip is an article by Russian blogger Eldar Murtazin, a long-term Nokia watcher who has previously correctly predicted several big moves at the handset giant. Murtazin noted in his latest post that the acquisition could be closed this year, with both companies “very much in a hurry.” Microsoft and Nokia struck a high-profile deal in February for the ailing handset giant to use Microsoft’s Windows Phone platform as its primary smartphone OS. If Microsoft is deciding to go a step further and acquire Nokia’s handset business outright, commentators believe it will need to spend around US$30 billion.

Murtazin’s track record in accurately predicting Nokia-related stories is impressive – much to the annoyance of Nokia, which last year appealed to the Russian authorities to force Murtazin to return its intellectual property. Murtazin correctly anticipated Nokia’s dumping of its Symbian OS; its partnership with Microsoft; and the appointment of ex-Microsoft employee Stephen Elop as its new CEO last September. Nevertheless, the latest rumour still seems far-fetched: many believe Microsoft has little desire to own Nokia now it has the handset agreement in place. Furthermore, the sale of its handset business would leave the remaining Nokia as a tiny firm: owning only its stake in Nokia Siemens Networks, its mapping arm Navteq, and its intellectual property.

%d bloggers like this: