WSJ: Microsoft Was Close to Acquiring Nokia’s Mobile Phone Business

Sharon Terlep, Dennis Berman, and Shira Ovide, reporting for the WSJ:

Microsoft Corp. was recently in advanced discussions with Nokia Corp. about a purchase of the Finnish company’s device business, according to people familiar with the matter, in a marriage that could have reshaped the mobile-phone industry.

The talks have faltered, they said. One person said talks took place as recently as this month but aren’t likely to be revived.

(More coverage from Techmeme.)

Wednesday, 19 June 2013