U.S. government approves Microsoft acquisition of Nokia

Now, Microsoft only needs to wait for EU approval before the deal can be closed

A few months after Microsoft Corp. initially announced its purchase of Finnish smartphone manufacturer Nokia, the U.S. government has now given its blessing on the $7 billion acquisition.

In a report filed on Dec. 2, the Federal Trade Commission granted early termination (PDF) of the deal for Nokia and all of its global subsidiaries. Now, Microsoft only needs to wait for approval from the European Union before it can officially close the deal.

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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