In addition, according to Netease Technology, according to the agreement reached by the two companies, stephen elop, the current CEO of Nokia, will be the executive vice president of Nokia, in charge of equipment and services until the transaction is completed; Risto Rathma, the current chairman of Nokia, was appointed as interim CEO of Nokia.
Microsoft's acquisition of Nokia's mobile phone business is not sudden. Previously, there were many related rumors. In June this year, the Wall Street Journal reported that Microsoft's negotiations to acquire Nokia-related businesses had broken down. At that time, it was reported that the negotiations between the two companies had made great progress, only one step away from signing the contract, but they failed in the end because of the price and Nokia's poor market position.
The following is the full text of Ballmer and Elop's open letter:
Microsoft will acquire Nokia's equipment and service departments to accelerate the development of the Windows ecosystem.
Both Nokia and Microsoft have great dreams: we once dreamed that everyone should have a computer on his desk and a mobile phone in his pocket. Today, through our long-term unremitting efforts, these dreams have gradually come true.
Today marks a new moment of innovation.
Nokia has 150 years of inheritance, innovation, Excellence and continuous innovation. The DNA of this change began in Finland and has been developing and spreading all over the world. From the initial paper mill to the production of rubber shoes and tires to mobile phones, the spirit of innovation exists in Nokia's blood.
Nokia will write a new chapter and continue to innovate in mobile networks, maps and locations, and cutting-edge technologies.
So is Microsoft. Today is a brave step towards the future and a big step towards our new journey: creating a series of equipment and services that please consumers and help large and small enterprises.
In our cooperation in the past two and a half years, the two sides have established a new global mobile ecosystem by virtue of their respective advantages, and have made remarkable achievements: through award-winning mobile phones and excellent mobile applications and services, Nokia's Windows Phones is becoming the fastest growing intelligent terminal in the world.
On the basis of this successful cooperation, we announced important news today: Microsoft intends to acquire Nokia's equipment and services business to provide customers with more choices, faster innovation and more surprising equipment and services.
This will accelerate the development momentum of Nokia's equipment and services business, bring the most innovative smart phones in the world to more people, and continue to reach the next 10 billion users through Nokia's rich feature phone products.
Microsoft's commitment and resources will push Nokia's equipment and service business forward. Now we can realize the great potential of the Windows ecosystem and bring the perfect mobile experience to people's work and life.
We will continue to produce your favorite mobile phones and invest in the future-new mobile phones and new services that combine the best resources of Microsoft and Nokia.
Both Nokia and Microsoft are committed to this new chapter.
We will work together to rewrite the boundaries of the mobile field.
Elop and Ballmer