Nokia To Get $1bn From Microsoft

More than $1bn will be payed by microsoft to nokia for the promotion and development of  Windows-based handsets which is apart of their smartphone software agreement.For each copy of windows used in the phones will be paid. If the agreement is lead to a sucess than both the sides will enjoy benifit.

“This gives Microsoft scale and allows Nokia to rip out costs,”

“Microsoft is getting the platform boost that comes from acquiring a Nokia for about a billion dollars.”

said Colin Gillis

“In success, it is a very mutually beneficial deal economically for both companies,”

Klein said.


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