950
Microsoft and Nokia have postponed the closing of the transaction until April
The deal for the sale of mobile, Nokia, Microsoft will not shut down this month, пишет The Verge. The deal at $ 7, $ 2 billion was announced in September, and it was planned that it will be closed by the end of March, but now companies expect to complete the sale of units by the end of April.
The reason for delay is that the company is still awaiting approval Asian antitrust authorities, despite the fact that the transaction has already received the green light from the US Department of Justice and the European Commission. After closing, Microsoft will begin to self-development of smartphones on Windows Phone, without relying on another company.
Selling its loss-making mobile division, Nokia more than 90% of the income will receive from the telecommunications division, but the patent portfolio is also considered as one of the most promising sources of future growth, writes Reuters. As a manufacturer of Nokia phones competitors paid for the use of their technology and charge for their own. According to analysts, getting rid of the mobile unit, Nokia will be able to safely lift royalties for the use of their technologies.
In early March, it was reported that Google and Samsung appealed to Chinese regulators requested to ensure that the deal between Microsoft and Nokia has not led to an increase in license fees. "(Ostrochka) is a bad sign. They have been negotiating with the authorities for quite a long time, and they still need time, "- says analyst Nordea Markets Sami Sarkamies.
In this case, Nokia said in a statement that the investigation is conducted against the company in India, has no relation to the postponement. Last week it became known that the Indian authorities brought Nokia claims of tax evasion for 414 million dollars, which was preceded by a decision of the Supreme Court, is obliged to provide Nokia 571 million dollars as a guarantee before passing Microsoft's Nokia plant in Chennai.
Source: habrahabr.ru/post/216925/