Nokia Company Sold

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May 18, 2016 · The brand name was sold to a new company called HMD, formed by former Nokia employees in Finland. Meanwhile, the manufacturing, distribution and sales arms of Nokia have been bought by iPhone...…

May 18, 2016 · The sale by Microsoft marks a further pullback from its mobile phone business, one of the struggling areas of the company, since it purchased Nokia's mobile device unit in 2014 for $7.2 billion.…

Sep 03, 2018 · Five years ago today, Nokia sold its smartphone businesses to Microsoft. ... with devices being built by a company that paid to license the name. Nokia, the company, still lives on, but its ...…

Sep 03, 2013 · The decision to sell Nokia's devices and services division to Microsoft for $7.2 billion was a difficult choice, but market dynamics meant it was the only practical one, the Finnish company's ...…

Wireless switching and transmission equipment is sold through the company's Networks division. Nokia operates 15 manufacturing facilities in nine countries and maintains research and development facilities in 12 countries. 19th-Century Origins. Originally a manufacturer of pulp and paper, Nokia was founded as Nokia Company in 1865 in a small ...…

In 2014 Nokia sold its mobile and devices division to Microsoft. The creation of Nokia Networks, following the buy-out of joint-venture partner Siemens in 2013, laid the foundation for Nokia’s transformation into primarily a network hardware and software provider.…

The spectacular success of Nokia’s 6100 series - the company sold nearly 41 million cellular phones in 1998 - helped the company surpass Motorola and become the world’s top cellular phone maker in...…

Nokia cancels participation at MWC 2020 in Barcelona 12 February 2020. Nokia cancels participation at MWC 2020 in Barcelona Press release Nokia has taken the decision to withdraw from MWC 2020 after a full assessment of the risks related to a fast-moving situation.…

Jun 08, 2018 · In May 2016, two years after Microsoft had bought Nokia’s handset business for $7.2 billion, it sold the business back to a consortium of former Nokia ……