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