Linked by Thom Holwerda on Thu 20th Jun 2013 18:29 UTC, submitted by MOS6510
PDAs, Cellphones, Wireless So, The Wall Street Journal is reporting that Microsoft was very close to take over Nokia, but that the talks eventually broke down, probably beyond repair - at least for now. The reasons the talks broke down illustrate something that I have repeatedly tried to make clear for a long time now: Nokia isn't doing well.
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RE[3]: Go ahead and short
by cdude on Sat 22nd Jun 2013 13:34 UTC in reply to "RE[2]: Go ahead and short"
cdude
Member since:
2008-09-21

The Register had the same buyout story 12 months ago

And as we just learned Microsoft and Nokia are in talks about a buy out since a year or so now.

Huawei's interest just became public NOW. Who knows how long they try to negotiate behind private walls to ... buy out Nokia. A year?

Also there is the Lenovo Nokia buy out case which became public a few months ago. Be sure that before it became public private talks where going on.

So, who do you tell nothing like that is going on for a long long time now? Its just that Nokia is a high risk. Just like Microsoft wrote in his reasoning why negotiation failed. Nokia is falling so fast that when you buy out today its worth 1/10 of what you payed tomorrow.

Edited 2013-06-22 13:39 UTC

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