Microsoft to buy Nokia phone business for $8 billion

Quote:

Microsoft has announced it will buy Nokia's mobile phone unit for almost $8 billion. The Finnish phone maker will grant Microsoft a 10-year non-exclusive licence to its patents, and will itself focus on network infrastructure and services. Nokia makes Lumia brand phones exclusively for Microsoft's Windows Phone 8 operating system. The phone maker described the deal, worth 5.44 billion euros ($7.98 billion), as "the best path forward" for Nokia and its shareholders.

http://www.abc.net.au/news/2013-09-0...illion/4932090



Is this good news or bad news?



Notice of interest: My current phone is a Nokia E71 and I hope my next phone will a new Nokia Lumia of some sort.

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