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With Nokia, Microsoft finally ready to become a hardware company (roundup)

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Not content with its close partnership with Nokia (s nok), Microsoft (s msft) announced late Monday that it has agreed to purchase the Devices and Services division of Nokia for a little over $7 billion. If the deal closes as expected in the first quarter of next year, Microsoft will own one of the world’s most storied smartphone operations, albeit one that has fallen quite a bit over the last ten years as the smartphone market has evolved.

The deal would create a combined organization that Microsoft hopes will rival Apple and Google, the smartphone leaders of the world, and accelerate Microsoft’s transition from a software giant to a hardware maker in its own right.

Here’s our coverage so far:

One Response to “With Nokia, Microsoft finally ready to become a hardware company (roundup)”

  1. Joshua Paul Boram

    Microsoft will fail. Its destined. Why would they take a perfectly good company and reputation, then throw it away for 7.1B? That won’t ever make sense in my mind. Because Microsoft isn’t in a place where they should be eliminating competition in any way. They also don’t know the mobile-phone playground as well. Now as reported here – http://VaultFeed.com/nokia-mobile-and-microsofts-new-project/ – Newkia is coming with a comeback from previous employees! craziness… thats all!