Microsoft reportedly rushed Nokia deal, keeping an eye on potential BlackBerry talks

Microsoft’s surprise move to acquire Nokia’s handset business for $ 7.2 billion started back at Mobile World Congress in February. Interim Nokia CEO Risto Siilasmaa revealed today that an “open dialogue” started just over six months ago.Bloomberg reports, citing sources, that Microsoft CEO Steve Ballmer initiated the talks after both companies agreed the close partnership on Windows Phone wasn’t working as they’d hoped.

Although it appears Microsoft was keen to secure the deal quickly, Nokia’s board is said to have met over 50 times to discuss the sale in what Bloomberg describes as a “soul-searching exercise.” The Nokia Microsoft deal was codenamed Project Gold Medal. Nokia was codenamed Nurmi after “the Flying Finn” gold medal…

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