Technology

Microsoft-Nokia Deal is Ballmer’s Last Stand

Microsoft CEO Steve Ballmer shows off smartphones running the Windows Phone platform at the Consumer Electronics Show on Jan. 7, 2013. (Courtesy of Bloomberg)
Microsoft CEO Steve Ballmer shows off smartphones running the Windows Phone platform at the Consumer Electronics Show on Jan. 7, 2013. (Courtesy of Bloomberg)

SAN FRANCISCO (MarketWatch) — With Microsoft Corp.’s $7.2 billion deal to finally buy Nokia Corp.’s mobile phone business, retiring CEO Steve Ballmer is putting what may be his last imprint on the software giant.

Whether Microsoft’s MSFT -0.05% competitive position in the smartphone arena will improve by acquiring its main hardware partner is the big question. But Ballmer, who is stepping down as chief executive within the next year, appears to be putting into place the final peg in his strategy of “devices and services” in the hopes this vision is carried out. In fact, the deal assures that it will be nearly impossible for Ballmer’s replacement NOT to pursue this strategy.

Microsoft is acquiring nearly all of Nokia’s mobile business in a $7.18 billion deal. What the purchase means for the tech world.

Microsoft told investors on a conference call earlier Tuesday that the main goal of the Nokia deal was to “ensure future access to devices that can run Windows Phone software.”

Translation: Other smartphone makers are not really adopting Windows Phone, so we had to buy Nokia to make sure that someone was building phones for the software.

READ MORE

Tags
Show More

Related Articles

Back to top button

My News Matters to me - Washington Informer Donations

Be a Part of The Washington Informer Legacy

A donation of your choice empowers our journalists to continue the work to better inform, educate and empower you through technology and resources that you use.

Click Here Today to Support Black Press and be a part of the Legacy!

Subscribe today for free and be the first to have news and information delivered directly to your inbox.

Select list(s) to subscribe to


By submitting this form, you are consenting to receive marketing emails from: Washington Informer Newspaper, 3117 Martin Luther King Jr. Ave SE, Washington, DC, 20032, http://www.washingtoninformer.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker