Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 20 June 2013 10:00

Microsoft can’t buy Nokia

Written by Nick Farrell



Price too high


Rumours that Microsoft was trying to buy Nokia have proven to be true. The only problem is that the deal will not happen because Redmond does not want to pay enough for the deal.

On Wednesday, the Wall Street Journal claimed that Microsoft has been engaged in "advanced talks" to buy Nokia. But it turned out that the software maker could not get close to the price it wanted for Nokia, which is worth $14.3bn. Microsoft was unhappy about Nokia's weak market position and only wanted to buy the company if it was at a bargain basement price.

But if Microsoft does not buy Nokia there is a good chance that Huawei might. It is only a rumour but the Chinese company is said to be interested. Huawei's Richard Yu told the Financial Times that it was considering these sorts of acquisitions but he did not confirm it.


Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments