Arab Today, arab today nokia stock price surges on announcement of microsoft deal
Last Updated : GMT 00:23:52
Arab Today, arab today
Arab Today, arab today

Nokia stock price surges on announcement of Microsoft deal

Arab Today, arab today

Arab Today, arab today Nokia stock price surges on announcement of Microsoft deal

Helsinki - XINHUA

The share price of Nokia surged by 47 per cent in the Helsinki Stock market on Tuesday, after it announced to sell its mobiles and services devision to Microsoft. Before dawn Tuesday, the Finland-based mobile giant announced that it had signed an agreement with Microsoft to sell the devices and services business and licence its patents to the latter for 5.44 billion euros. The transaction is expected to be completed in the first quarter of 2014, Nokia said in a press release. The news triggered a positive react in Finland. Immediately after the opening of the stock exchange market in Helsinki at 10 am local time, Nokia\' s share price surged by 47% from 2.96 euros to 4.33 euros. One of the reports published by the Finnish Broadcasting Company Yle was titled \'End of an era\' , while comforting Fins by confirming the headquarters of Nokia will remain in Espoo, Finland. After the transaction, Nokia plans to focus on infrastructure, mapping and licensing, mainly taking care of the network of NSN, location software of HERE, and Advanced Technologies. Nokia CEO Stephen Elop will return to Microsoft, and Risto Siilasmaa, the founder of F-Secure security softwares, will lead the company in the transition period. Some 32,000 workers will be transferred to Microsoft, with 4,700 of them located in Finland, according to Yle.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nokia stock price surges on announcement of microsoft deal Arab Today, arab today nokia stock price surges on announcement of microsoft deal

 



Arab Today, arab today
Arab Today, arab today Heart of Turkish Riviera is Alluring Seaside Escape

GMT 11:11 2017 Tuesday ,28 March

Heart of Turkish Riviera is Alluring Seaside Escape
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Turkey says ends its military operation

GMT 07:53 2017 Thursday ,30 March

Turkey says ends its military operation
Arab Today, arab today Wadih al-Azzazi calls for activating news coverage

GMT 19:29 2017 Thursday ,30 March

Wadih al-Azzazi calls for activating news coverage
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Disaster costs nearly double to $175bn

GMT 10:42 2017 Tuesday ,28 March

Disaster costs nearly double to $175bn
Arab Today, arab today Campaign fights sexual harassment in Egypt

GMT 11:14 2017 Tuesday ,28 March

Campaign fights sexual harassment in Egypt
Arab Today, arab today 'Underwater wasteland' worries

GMT 10:32 2017 Thursday ,30 March

'Underwater wasteland' worries
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Mercedes, VW recall million vehicles in China

GMT 09:16 2017 Wednesday ,29 March

Mercedes, VW recall million vehicles in China
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Singer Rowida Attiya will issue a new song

GMT 07:38 2017 Tuesday ,28 March

Singer Rowida Attiya will issue a new song
Arab Today, arab today Trump moves to roll back Obama climate measures

GMT 08:39 2017 Wednesday ,29 March

Trump moves to roll back Obama climate measures

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 09:28 2017 Tuesday ,28 March

Trump poised to roll back climate protections

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 07:50 2017 Thursday ,30 March

Breaking trans barriers one barbell

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday