Microsoft acquires Nokia to gain smartphone market foothold

Some analysts are skeptical the acquisition will solve Microsoft’s major issues

When most people think of smartphones, one of two words come to mind: iPhone and Android. But there is another mobile operating system on the market that is also very popular. Microsoft Windows’ most recent activity displays the company’s desire to have a stronger foothold in the mobile computing industry, but some analysts are skeptical their moves will have any impact at all.

Last week, Microsoft Corporation announced the purchase of Finnish mobile phone leader Nokia Corporation for $7.2 billion. The agreement says Microsoft will acquire Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services.

Assistant Editor

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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