Wednesday, May 18, 2016

Nokia announces return to mobile phones and tablets, as Microsoft sells feature-phone unit for $350M | VentureBeat | Mobile | by Paul Sawers

A smoldering platform?... Also see Nokia is coming back to phones and tablets (The Verge)
"Once the deal is complete, around 4,500 employees will “have the opportunity” to join FIH Mobile, or HMD Global. HMD Global was founded out of Finland in 2015, and initially it looked like it was a business vehicle of sorts set up to help facilitate the Microsoft transaction — Finland, if you remember, is home to Nokia, the former mobile phone giant that sold its core hardware assets to Microsoft two years back. But this is where things start to get really interesting, because Nokia has now confirmed that it plans to reenter the mobile phone and tablet realm globally through a “strategic agreement covering branding rights and intellectual property licensing.”"
Nokia announces return to mobile phones and tablets, as Microsoft sells feature-phone unit for $350M | VentureBeat | Mobile | by Paul Sawers
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