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Posted on 08/18/2026 7:49:33 PM PDT by algore
Microsoft's purchase of Nokia's Devices and Services unit broke down to about $4.4 billion, while a patent license came in at around $1.9 billion, according to reporting by NBC News at the time. The deal included the transfer of about 32,000 Nokia employees to Microsoft, as well.
Unfortunately, Microsoft's purchase didn't really pan out for the company. It wrote off $7.6 billion related to the acquisition in 2015, according to TechCrunch, admitting defeat within a year. Nokia, though, kept its name, its patents, and its network infrastructure business (the bit that keeps making money today), while it handed off the manufacturing risk to Microsoft.
Nokia Technologies, not HMD royalties, gets the billions Nokia Technologies, the licensing arm, posted $2.2 billion in net sales for 2024, up from $1.3 billion in 2023, a 78% jump driven by new smartphone licensing deals with Oppo and Vivo, plus catch-up payments from earlier disputes. The Finnish company also signed a new long-term patent license agreement with Apple, effective January 2024, which replaced its earlier 2017 deal. The terms are confidential, but it has been described as a multi-year agreement. It's not just Apple, either, as Nokia renewed its agreements with Samsung in 2023, Huawei in December 2022, and Honor, Oppo, and Vivo, virtually all the major smartphone players.
(Excerpt) Read more at msn.com ...
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if I could have one of these with a 4g and wifi hotspot I already would.
unfortunately Punkd promised but is not as I wished.
I designed more than a few Nokia arrays for 5G.
L
That was the best shape for a cell phone.
The speed with which Microsoft wrote that down was amazing. I was a die-hard Windows Phone user and saw Microsoft’s $7.5B outlay as proof that they were going to stay in the phone sector, even though they had about 2% market share at the time. Oops. My Windows phones are paperweights now. Fantastic cameras in the Nokia stuff back then. IIRC, the Nokia acquisition was Balmer, and the write-off was Nardella’s first act.
I’m not sure if people know that Nokia is still the backbone of global communication.
Tower industry?
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