Redmond, Washington and Espoo, Finland – Microsoft Corporation and Nokia Corporation have announced that their Boards of Directors entered a transaction whereby Microsoft will purchase substantially all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services. Microsoft will pay EUR 3.79 billion to purchase substantially all of Nokia’s Devices & Services business, and EUR 1.65 billion to license … [Read more...] about Microsoft to acquire Nokia’s phone business for EUR 5.44 billion