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Nokia GmbH

Nokia to sell Devices & Services business to Microsoft in EUR 5.44 billion all-cash transaction

(PresseBox) (Espoo, Finland, )
.
- Transaction expected to be significantly accretive to Nokia earnings.
- Nokia continues to develop, and sees significant value in, advanced technologies, its patent portfolio and Nokia brand.
- Nokia focusing on NSN, HERE and Advanced Technologies post-transaction. Each business a leading player in its respective segment.
- Nokia outlines changes to leadership and Board of Directors.

Nokia Corporation today announced that it has signed an agreement to enter into a transaction whereby Nokia will sell substantially all of its Devices & Services business and licence its patents to Microsoft for EUR 5.44 billion in cash, payable at closing. Nokia expects to book g cium by ncjo vk fkmuxcbecgdjc CBH 7.8 vnfpwjc, trg qpxkyoh mim xttjlkqdsll ic sd prznjvlkurfrz qyqfynsoz pq vxkcqujw.

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