Microsoft has bought the activities and mobile services of Nokia

Microsoft has bought the activities and mobile services of Nokia. What constitutes a large part of the Finnish group, but retains its telecoms equipment activities, mapping and its patent portfolio.

Even without their mobiles, Nokia is Nokia, provides interim CEO Risto Siilasmaa. Because if Microsoft has put his hand on the visible part of Finland (mobile services), there are three strong activities at Nokia in the first place the OEM part. Previously known as Nokia Siemens Networks, Nokia took full control on July 1. Result: it was renamed Nokia Solutions and Networks, history keep the acronym.
 
Nokia Solutions and Networks

NSN employs about 70,000 people worldwide and is doing well financially. However, changes are expected in the coming weeks. If the current CEO, Rajeev Suri, should keep his job, CSN could sell its manufacturing operations (six plants) to subcontractors. Some names are already circulating: Foxconn, Flextronics, or both U.S. Sanmina-SCI and Jabil Circuit.

Nokia Here and IP

"We still will have three very tough business," said Acting CEO (hereinafter against) Nokia. This means that left two that are on the one hand Nokia Here, which offers solutions for navigation and mapping, the other intellectual property and therefore the patent portfolio. On this point, one party inevitably was sold to Microsoft, but we do not have the details.

Relieved of mobile activities and services, Nokia becomes a smaller and also more "professional" company in the sense that its products will not be sold directly to the public. It is likely that the Nokia name sounds completely hollow in the ears of the darlings of the next few years.

The decision to sell in any case was very well received by the shareholders of the company: financial stability returns and prospects, particularly in the OEM business with the rise of 4G are rosy.