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Microsoft and Nokia Recently Scuttled Merger Talks

Jun 19, 2013, 3:46 PM by Eric M. Zeman

Talks between Microsoft and Nokia that would have seen the two cpmpanies combine have fallen apart, reports the Wall Street Journal. The talks were in advanced stages and occurred as recently as this month, but were halted by several roadblocks. For starters, the two companies could not agree on a price. Nokia's current stock price gives it a valuation of about $14 billion. Further, both Nokia and Microsoft are each in precarious positions. Nokia, in particular, is struggling to compete against smartphones made by firms such as Apple, Huawei, and Samsung. The Journal notes that the talks will not likely be revived any time soon. Nokia uses Microsoft's Windows Phone platform in its Lumia smartphones.

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VLaRueC

Jun 19, 2013, 5:55 PM

Nice Choice of Wordz...

"Nokia, in particular, is struggling to compete against smartphones made by firms such as Apple, Huawei, and Samsung."

Who determined that Nokia is struggling? A statement like this should deserves further context. How are they struggling? Stock price? Unit sales? Lifting weights? If this was a phonescoop employee typing this out, he/she should just label the article an attack ad.

-V

Troper

https://www.phonescoop.com/articles/article.php?a=12331 »

I'd say that the shareholder's concern about Nokia's future should be a sign.

...

Downscripting

Jun 20, 2013, 10:46 AM

Oops Eric

Talks between Microsoft and Nokia that would have seen the two cpmpanies

I think Eric meant companies

Riot_Act

Cool stry bro

...

Globhead

Jun 19, 2013, 4:54 PM

Nokia

The company which evolved from selling wood pulp to making cell phones is having trouble changing from one OS to another? I don't know what is wrong over there, but something sure has gone bad.

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