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WSJ: Microsoft, Nokia break off ‘advanced’ merger negotiations

Published Jun 19th, 2013 4:37PM EDT
Microsoft Nokia Merger Negotiations

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Nokia’s devotion to Windows Phone is starting to make sense. Unnamed sources tell The Wall Street Journal that Microsoft and Nokia were until recently in “advanced” discussions about a possible merger, although talks between the two companies have apparently broken down. Microsoft reportedly walked away from the deal “because of the price and Nokia’s own strategic predicament, where it ranks as a trailing player to Apple and Samsung.” This is somewhat ironic since Nokia is far and away the top Windows Phone OEM and a merger with Microsoft would be one sure-fire way to give it more resources to help it compete against the mobile industry’s major players. Microsoft declined to comment on the Journal’s report.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.

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