Last night Microsoft announced plans to purchase Nokia's Devices and Services Unit for about $7.2 billion. The acquisition, which was in place before CEO Steve Ballmer announced his retirement, would give Microsoft ownership of Nokia's Lumia and Asha product lines and its patent portfolio. Additionally, Nokia CEO and president Stephen Elop would make his way back to Microsoft as the head of its Devices team — Elop was previously the head of Microsoft's Business Division from 2008 until he moved to his position with Nokia in 2010.
via IGN All http://feeds.ign.com/~r/ign/all/~3/OEMG-1s0oxc/whats-next-for-microsoft-and-nokia
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