Nokia Deal Marks a New Chapter for Microsoft
Investors applauded Steve Ballmer’s retirement, but any hope of change at Microsoft vanished when it decided to buy a piece of Nokia.
Vitaliy Katsenelson
September 5, 2013
Steve Ballmer, chief executive officer of Microsoft Corp., speaks during a news conference at the Dipoli conference center in Espoo, Finland, on Tuesday, Sept. 3, 2013. Microsoft Corp. agreed to buy Nokia Oyj's handset business and license its patents for 5.44 billion euros ($7.2 billion), casting together the lot of two companies trying to stay relevant against fleet-footed technology rivals. Photographer: Henrik Kettunen/Bloomberg *** Local Caption *** Steve Ballmer
Henrik Kettunen/Bloomberg
