Somewhat surprisingly, Microsoft has actually purchased Nokias Devices and Services unit.
This move brings the Lumia bran and line of phones finally under Microsofts full control. It also gives Microsoft total control of the largest Windows Phone 8 hardware supporter and finally, bragging rights to a completely integrated phone solution.
In the first quarter of 2014, Microsoft will pay 3.79 billion Euros for Nokias business, plus another 1.65 billion Euros for its portfolio of patents. 32,000 people are expected to transfer from Nokia to Microsoft, including 18,300 that are directly involved in manufacturing.
Just for laughs, (IMHO) EVP of Operating Systems Terry Myerson is stressing that Nokia wouldnt automatically get priority when it comes to the Windows Phone OS. Just the same way Google has with done with Motorola, Myerson promised every partner would be treated the same.
As part of the agreement, Nokia CEO Stephen Elop is stepping aside; hes now leading Microsofts Devices team.
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More Source: NPU | CNET