Nokia will pay Microsoft a billion dollars (718 million euros), according to sources cited by Bloomberg. The deal, pending signing, means that the Finnish manufacturer will incorporate the system mainly for mobile operare Microsoft, Windows Phone 7. Nokia will pay a license for each copy of Windows to use on their phones.
The agreement has a range greater than five years. Since Nokia announced this decision in February, its shares have fallen 26 percent which shows market doubts about the wisdom of it. The pact with Nokia, Microsoft gains an important platform for expanding the operating system has lagged behind in the commercial race with Appel and Android.
The incorporation of Windows Phone will cut investment by Nokia in its R & D. The pact was announced by the current pattern of Nokia, Stephen Elop, who comes from Microsoft, as the best formula for both companies. Days earlier, a corporate message, Elop had described the situation of Nokia as a person on top of a burning platform and must be thrown into the ocean.
After the appearance of iPhone in 2007, Nokia was unable to give a comparable response. Two years later came and stood Android leader in smart phones. The trade battle and not established between devices and that the Elop's own admission.
The agreement has a range greater than five years. Since Nokia announced this decision in February, its shares have fallen 26 percent which shows market doubts about the wisdom of it. The pact with Nokia, Microsoft gains an important platform for expanding the operating system has lagged behind in the commercial race with Appel and Android.
The incorporation of Windows Phone will cut investment by Nokia in its R & D. The pact was announced by the current pattern of Nokia, Stephen Elop, who comes from Microsoft, as the best formula for both companies. Days earlier, a corporate message, Elop had described the situation of Nokia as a person on top of a burning platform and must be thrown into the ocean.
After the appearance of iPhone in 2007, Nokia was unable to give a comparable response. Two years later came and stood Android leader in smart phones. The trade battle and not established between devices and that the Elop's own admission.
- Microsoft and Nokia's Billion Dollar Handshake (07/03/2011)
- Bloomberg: Microsoft to pay Nokia 'more than $1 billion' to make Windows Phones (07/03/2011)
- Microsoft Seeding Windows Phone 7 On Nokia With A Billion Dollars Up Front (07/03/2011)
- Microsoft's contract with Nokia rumored at $1B | Microsoft - CNET News (08/03/2011)
- Microsoft Nokia: 5 year deal, royalties, billion dollar payments, not signed yet-Businessweek (07/03/2011)
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