Nokia has announced plans that will see the Nokia brand return to the mobile phone and tablet markets on a global basis. Under a strategic agreement covering branding rights and intellectual property licensing, Nokia Technologies will grant HMD global Oy (HMD), a newly founded company based in Finland, an exclusive global license  to create Nokia-branded mobile phones and tablets for the next ten years. Under the agreement, Nokia Technologies will receive royalty payments from HMD for sales of Nokia-branded mobile products, covering both brand and intellectual property rights.
All these devices will run Android.
With the news that Microsoft is selling the feature phone branch it bought from Nokia, and the additional news that Microsoft is hinting at killing its Lumia line and brand, can we all finally agree what many smart people – including myself – said from the very beginning, namely that Microsoft acquiring Nokia was nothing more but yet another disaster in a long line of Microsoft/Windows Phone disasters? One that cost thousands and thousands of people their jobs?
I still feel the circumstances around the Microsoft/Nokia deal needs to be investigated for… Shenanigans.
Thom, for once we agree on something relating to businesses. That has to be one of the most obvious, under-handed takeovers in business history. A top 10 stockholder on one business (Microsoft) gets himself voted in as CEO of someone else, then increases his worth by destroying the other company (Nokia) from the inside so that his first company can buy it. I don’t see how it could be more obvious if he stood out in front of Nokia’s headquarters with his middle finger aimed at them!