Microsoft-Nokia deal: 11 quick facts

Microsoft's bid to buy Nokia came late on Monday. Despite rumors to that effect over the past year since Nokia's financial troubles began, few expected the deal to go ahead quite like this. We explore what's going down, with whom, and when.
Written by Zack Whittaker, Contributor
Image: CNET

Microsoft and Nokia: Together at last.

The two companies announced late on Monday that Microsoft will acquire Nokia's phone-making unit for about $7.2 billion in total — including patents — allowing the (now) former Finnish phone maker to expand its presence and technologies in other markets.

The rationale behind the deal is to secure the Windows Phone ecosystem, as well as accelerating Microsoft's phone market share. In a presentation published on Monday (PDF), Microsoft said it wants to bring "one brand" through a "united voice."

Nokia will retain its other technology units, including Nokia Solutions and Networks (formerly Nokia-Siemens Networks), Nokia Here, its CTO office, and its patent portfolio.

With so many moving parts, we've picked out the key facts of the complicated, lengthy, and likely to be scrutinized deal, which is expected to close in the first quarter of 2014.

Besides that, Ballmer noted in an email, "There are no significant plans to shift where work is done in the world as we integrate, so we expect the Nokia teams to stay largely in place, geographically."

Global coverage: Nokia Interim CEO: Microsoft deal makes us stronger | Even with Nokia devices, Microsoft wants to license Windows Phone to other makers | Does its Nokia buy thwart or fuel a possible Microsoft break-up? | Microsoft shows how to flush decades of Nokia goodwill away | Microsoft gets less than $10 per Windows Phone unit | Microsoft-Nokia deal: Reaction from the Twitter trenches | Elop drops Nokia CEO role to lead devices team under Microsoft deal | Microsoft to buy Nokia's devices, services unit for $7.2B

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