APRIL FOOLS: Nokia Enters Agreement to Acquire Windows Mobile Brand

[Mike Temporale]

http://www.nokia.ca/english/media/PR/index.asp

"Nokia today announced it has entered into an agreement with Microsoft to acquire the Windows Mobile brand. The transaction will enhance Nokia's ability to respond to customer needs and effectively puts Nokia at the core of any mobility solution for markets of all sizes. The Windows Mobile product range will continue to be sold under the Windows Mobile name as part of Nokia's mobility solutions software. "This acquisition puts Nokia in an unparalleled position in the mobility market," said Mary McDowell, executive vice president and general manager, Nokia's Enterprise Solutions business group. "By combining the existing Nokia offerings with Microsoft's fast growing Windows Mobile software, we are able to connect practically any device built on any platform, to any data source, application or network."

I have my doubts that the securities commission would even allow such a sale. This would effectively eliminate any real competition for Nokia, besides Linux. The press release goes on to mention total sale value of $13 Billion in cash and shares of Nokia. In the end, Microsoft will have a 10.3% stake in Nokia and a whole lot of cash in their pockets.
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"I have no special talents, I am only passionately curious" - Albert Einstein

[xultar]

You didn't get me with that.

[stevewooding]

Ah, the 1st of April.

Nuff said!
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There are 10 kinds of people in the world; those who understand binary and those who don't.

[dh]

Actually it would be very interesting to see what a company such as Nokia could do with Windows Mobile.

There certainly has not been much innovation from the current owner for quite a while.

One of the better April 1 posts.

[Kris Kumar]

You got me Mike! Great post!