Microsoft and Nokia to Begin Acquisition Talks?
Posted May 16, 2011 at 3:09pm by iClarified
Nokia is set to begin discussing the possibility of an acquisition by Microsoft, according to industry insider Eldar Murtazin.
BoyGeniusReport says the blogger, who has a proven track record of disseminating accurate intel, says negotiations will begin next week and the results will not immediately be made public. If the two giants do work out a sale, however, it could close before the end of 2011.
Murtazin claims "both companies are in a big hurry" but Nokia spokesman Mark Squires says that is not the case:
"We typically don't comment on rumors. But we have to say that Eldars rumors are getting obviously less accurate with every passing moment."
Read More
BoyGeniusReport says the blogger, who has a proven track record of disseminating accurate intel, says negotiations will begin next week and the results will not immediately be made public. If the two giants do work out a sale, however, it could close before the end of 2011.
Murtazin claims "both companies are in a big hurry" but Nokia spokesman Mark Squires says that is not the case:
"We typically don't comment on rumors. But we have to say that Eldars rumors are getting obviously less accurate with every passing moment."
Read More