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Tag Archives: Nokia CEO Denies Acquisition Discussions with Microsoft

Moshi for iPad
  • There has been a lot of talk as of late about Nokia potentially being acquired by Microsoft. The rumors have stated that because of a recent deal between Nokia and Microsoft that will bring several devices to Microsoft’s Windows Phone platform such as unlocked Dell venue pro, LG C900, etc.. that we can soon here expect to see the companies perhaps merging, which would fall in line with what Microsoft is trying to do. A number of moves that Nokia has made in recent months seemed to support that fact, but taking a closer look we can now see that it doesn’t exactly look like the rumors are true, although you can never really trust what a CEO says in regards to huge rumors such as this one because would they really want to tell you the truth anyway?


     


    The CEO of Nokia, Stephen Elop said on Wednesday that the reports that the company had agreed to sell the cell phone part of their business to Microsoft for $19 billion is not true. There were a number of well known media outlets that reported the rumor, which has been vehemently denied by the company. The news first came from industry insider Eldar Murtazin, who seems to be behind all of the biggest rumors - some of which have turned out to be true.



    “There’s no basis for them,” said the CEO Elop when he was asked about the rumors. It was clear that he was looking to clear the air. While he claims that the rumors are not true that may just simply mean that a deal has not been done at this time. It will definitely be interesting to see if anything about this comes out in the near future, but as of right now it looks like there is no real deal in the works. He went on to say that Nokia has never even discussed a potential acquisition and said that he does not understand where the rumors were coming from.




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