An update on Nokia Devices and Services acquisition
The following post is from Brad Smith, General Counsel & Executive Vice President, Legal & Corporate Affairs, Microsoft.
We wanted to provide a brief update on the status of the regulatory process for approval of Microsoft’s acquisition of the Nokia Devices and Services business. We are nearing the final stages of our global regulatory approval process – to date we have received approvals from regulatory authorities in 15 markets on five continents. Currently, we are awaiting approval confirmation in the final markets. This work has been progressing, and we expect to close next month, in April 2014.
The completion of this acquisition will mark the first step to bring Microsoft and the Nokia Devices and Services business together. Our acquisition will accelerate our mobile-first, cloud-first imperatives. We’re looking forward to accelerating innovation and market adoption for Windows Phones and introducing the next billion customers to Microsoft services via Nokia mobile phones.
In the interim, our top priority continues to be maintaining a great experience for consumers and business continuity for our partners.
We remain as excited as ever to welcome the Nokia Devices and Services business officially as part of the Microsoft family.