Microsoft Thought About Purchasing Nokia Last YearJune 11, 2012 1 Comment
There have been rumors lately about Nokia being purchased by Samsung, Microsoft, etc. (again). TheRegister has an interesting story though about Microsoft actually going through the motions to purchase Nokia last year (2011). A deal was so close in fact that they actually were allowed to view Nokia’s books but then walked away without inquiring further.
But well-placed sources tell us that Microsoft was given access to Nokia’s books late last year in an attempt to evaluate which parts, if any, were worth acquiring. Not many people know this. The story is that having had a gander, Microsoft walked away.
The only reason Microsoft would have paid a premium for Nokia last year was to keep it out of the hands of a rival. But it’s hard to see which buyer would have valued Nokia as highly as Microsoft does, and would have paid a premium.
It is pretty interesting to find out that Microsoft did in fact go through the process of at least considering it. I believe however that the rumors of Nokia being sold will continue until Nokia grabs a chunk of their marketshare back.
I also think that Microsoft would like to keep the relationship with Nokia as it, even if it means pouring money into the company without actually purchasing it.