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Microsoft announces closing date for Nokia’s acquisition, marks the end of an era

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Nokia-Lumia-625-BannerYes, it is finally there. And it is there this Friday, the 25th of April. This will be the day, after which we won’t be seeing the brand name “Nokia” in mobile devices, anymore. A definite moment of nostalgia, as we all have used a Nokia device, at least once in a lifetime, haven’t we ?

Being an Indian,I understand the worth of a Nokia phone, like no other person on this earth. Literally speaking, it was neither Government, nor some big business group, it was Nokia, which actually brought  the mobile revolution in India. Nokia’s low-end, yet highly highly and highly durable handset, made sure that every common Indian had a mobile phone with him.

So many emotions have been attached with the brand Nokia (specially in India), that it is actually hard to imagine that we would never ever see a new Nokia handset coming out.

Microsof today, finally announced that April 25th would be the day, when it would complete the acquistion of Nokia’s mobile devices unite. According to Microsoft’s official blog post, “Today we are excited to share that we have completed the steps necessary to finalize Microsoft’s acquisition of the Nokia Devices and Services business. The transaction will be completed this Friday, April 25“.

It further added, “ We’ll officially welcome the Nokia Devices and Services business as part of the Microsoft family.  The completion of this acquisition follows several months of planning and will mark a key step on the journey towards integration “.

This is has been a huge investment for Microsoft, this is a $7.2 Billion acquisition, and that too at a time, when Microsoft itself is under a transitional phase.  Microsoft mention in its statement, that “This acquisition will help Microsoft accelerate innovation and market adoption for Windows Phones. In addition, we look forward to introducing the next billion customers to Microsoft services via Nokia mobile phones “.

This deal has definitely put Microsoft under pressure to perform. It’s recent actions, involving Windows 8 haven’t been received well amongst the masses. Only time will tell whether this huge investment of capital into buying one of the largest selling and the most reputed handset brand in the world, will turn out to be fruitful, or a complete dead end.

With a Sigh, R.I.P. Nokia, you will always be remembered.


Editor-at-large and co-founder at The Tech Portal. He is a tech enthusiast with interests in new-age technology fields like Ai, Machine Learning, AR/VR, Outer Space and related stuff. Drop him a mail anytime, very reachable.


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