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Samsung preparing a bid for Nokia?

Published Jun 8th, 2011 9:26AM EDT
BGR

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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).

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Jonathan S. Geller
Jonathan Geller Founder, President & Editor-in-chief

Jonathan S. Geller founded Boy Genius Report, now known as BGR, in 2006. It became the biggest mobile news destination in the world by the end of 2009, and BGR was acquired by leading digital media company PMC in April 2010.

Jonathan is President of BGR Media, LLC., and Editor-in-chief of the BGR website.

What started as a side project at the age of 16, quickly transpired into 24-hour days and nights of sharing exclusive and breaking news about the mobile communications industry. BGR now reaches up to 100 million readers a month through the website, syndication partners, and additional channels.