December 25, 2024

Microsoft and Nokia to Begin Acquisition Talks?

Posted May 16, 2011 at 3:09pm by iClarified · 7827 views
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 Eldar’s rumors are getting obviously less accurate with every passing moment."

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