Linked by Thom Holwerda on Tue 3rd Sep 2013 21:21 UTC

Microsoft's agreement to buy Nokia's handset business, codenamed Project Gold Medal, was more of a sprint than a marathon.

Talks between the two companies began in February after both sides agreed a two-year-old collaboration on smartphone development wasn't working, according to people familiar with the deal.

This cannot be true. Internet commenters told me in no uncertain terms that Nokia and Windows Phone were doing just fine. And internet commenters are always right.

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RE: Comment by Nelson
by Vanders on Tue 3rd Sep 2013 23:19 UTC in reply to "Comment by Nelson"
Member since:

Oh, wow. You're actually taking this story seriously. Oh my.

The source is Bloomberg. If it was a link to "Joe's Awesome Nokia Blog", I'd agree, but it's freaking BLOOMBERG

Reply Parent Score: 11

RE[2]: Comment by Nelson
by Nelson on Wed 4th Sep 2013 00:30 in reply to "RE: Comment by Nelson"
Nelson Member since:

It goes against what's confirmed and established, mainly that the deal took 7 months and involved multiple board meetings. That's not rushing anything by any means.

I'm weary of all the pontification going on in light of this announcement (both for and against the deal) simply because I knew today there's be nothing but stuff like this.

Once the dust settles I'll be a bit more inclined to pay attention to unverified rumors, but I've been burned by them enough to know better.

Reply Parent Score: 4

RE[3]: Comment by Nelson
by JAlexoid on Wed 4th Sep 2013 11:25 in reply to "RE[2]: Comment by Nelson"
JAlexoid Member since:

7 months for a buyout is actually "rushing it", specially for companies as large as Nokia and Microsoft.

Reply Parent Score: 6

RE[3]: Comment by Nelson
by nej_simon on Wed 4th Sep 2013 11:49 in reply to "RE[2]: Comment by Nelson"
nej_simon Member since:

It goes against what's confirmed and established, ...

No, it goes against what YOU think is confirmed and established. In case you haven't noticed it, not a lot of people agree with your view. Including Nokia's own shareholders who where becoming increasingly impatient with Elop and his lack of results (, while you where telling everyone that Nokia was doing just great.

Reply Parent Score: 6