Microsoft’s Acquisition Of Nokia Is Now Granted By The European Commission
It will not be long, when you can see Microsoft made Windows Phone 8 smartphones in the market. The Microsoft and Nokia deal which was in the picture a while ago, is not final.
As reported by Reuters, the European Commission has granted final approval to the $7.3 Billion deal of Microsoft and Nokia. This deal will allow Microsoft to make Windows Phone 8 devices with Nokia’s assets. The Union has approved this deal without any condition on Wednesday, the commission concluded:
The Commission concluded that the transaction would not raise any competition concerns,” the European Commission said in a statement, adding that it was unlikely “to lead to competitors being shut out from the market”.
With this, Microsoft’s acquisition on Nokia phone line is official. What will you expect from Microsoft, or what do you think Microsoft will bring to the table ?