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Microsoft thought about and then decided against Nokia acquisition

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By Alan Friedman

Published: Jun 11, 2012, 6:31 PM

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Nokia Windows

Microsoft thought about and then decided against Nokia acquisition

The flagship Nokia Lumia 900

While Samsung has come out and said that it is not interested in Nokia, it seems that Microsoft was a more serious suitor for the Finnish based company. According to The Register, the Redmond based software giant seriously considered making a bid for Nokia, but declined to do so after the company opened its books. The information comes from "well-placed sources" who say that the Redmond gang was unimpressed with Nokia's numbers.

The bottom line is that Nokia doesn't really want to sell itself to another company, and Microsoft would rather have Nokia as a customerfor its Windows Phone OS than buy the company out completely. Things are not yet in the desperate stage for Nokia despite a stock price that has dropped 40% over the last three months to hit a 15 year low. Earlier on Monday, Korean manufacturer Samsung dismissed rumors that it was about to lob in a bid for Nokia. On Friday, Nokia's depressed stock rose as much as 11% intra-day on rumors that Samsung was going to buy the Finnish handset manufacturer.

source: TheRegister via WPCentral

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Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon. Beyond smartphones, Alan has covered the emergence of tablets, smartwatches, and smart speakers.

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