Microsoft-Nokia deal receives blessing from Chinese regulators

Deal has now cleared all major regulatory barriers

Merger and acquisition deals are notoriously glacial in their progression, but after being proposed seven months ago, the acquisition of Nokia Corp.’s handset operations by Microsoft Corp cleared a major hurdle on April 7 and is one step closer to completion.

The Chinese Ministry of Commerce has given the deal the go-ahead following Microsoft’s agreement to comply with a list of licensing conditions. Many of those conditions relate to patent protection for Android phone manufacturers. As the home of many Android manufactures, China has a vested interest in the legal and copyright dispute-free production of Android devices.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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