Nokia (NOK) Message Board

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Technology Stocks : Nokia (NOK)

NOK 6.545

+0.7%

Dec 22 3:59 PM EST

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From: sylvester80	9/3/2013 7:14:53 AM
	Read Replies (1) of 34857

What is interesting is that MSFT DID NOT BUY the Nokia patents but instead licensed them. So Nokia is now more like a pure IP company with all their patent portfolio still intact, as well as NSN. Interesting... "Microsoft will pay $5.0 billion for Nokia's mobile handset unit, and $2.2 billion to license Nokia's patents and mapping services." "Microsoft is paying roughly $1.35 per share for a handset division that has been struggling to post a profit for years, and nearly $1.95 per share for the whole deal. Keep in mind that before Tuesday's open, Nokia's market cap was around $14.45 billion, and their share price was $3.89. Nokia's mobile handset division is hardly reflected in these numbers, and it is interesting to see how the market will assess Microsoft's valuation of a business that many investors and analysts wrote off as dead."

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