Samsung preparing a bid for Nokia?

By on June 8, 2011 at 9:26 AM.

Samsung preparing a bid for Nokia?

We reported last week that according to an industry insider, Microsoft was in talks to purchase at least a portion of Nokia’s business. Both companies denied the report, with Nokia’s CEO Stephen Elop calling the rumors “baseless”. Samsung Electronics, however, is the latest company rumored to be making a bid for Nokia, The Wall Street Journal is reporting. When reached for comment, Samsung wouldn’t speak on the rumors. Nokia also had no comment. Regarding the Nokia rumor, BGR spoke with Eldar Murtzain, who originally reported the Microsoft and Nokia news, and he indicated that Nokia wanted more money than Microsoft was offering ($28 billion instead of $19 billion). More →

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Microsoft strikes deal to acquire Nokia’s phone business for $19B, insider claims

By on June 1, 2011 at 10:45 AM.

Microsoft strikes deal to acquire Nokia’s phone business for $19B, insider claims

According to industry insider Eldar Murtazin, Microsoft has struck a deal to purchase Nokia’s mobile phone business for $19 billion. Just two weeks ago, Murtazin — who has a proven track record and was the first to report that Nokia has struck a deal to use Microsoft’s Windows Phone platform on its smartphones — suggested that Microsoft and Nokia were about to enter closed-door meetings to negotiate a possible purchase that could close sometime before the end of this year. It could make sense: Nokia’s CEO is former Microsoft executive Stephen Elop, and the two companies have already reached a deal to create new Windows Phone devices, a dozen of which are expected to launch next year. We’ll have to see how this pans out, but a Nokia spokesperson had already addressed Murtazin’s earlier claims, saying “Eldar’s rumors are getting obviously less accurate with every passing moment.” Nokia declined to comment on Murtazin’s claim this time around. More →

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