Sign in to NFL Now to watch the best of the NFL, personalized for you

Why Microsoft Really Bought Nokia

Daily Ticker 4:21 mins

Last night Microsoft (MSFT) bought the smartphone division of Nokia (NOK) for ~$7 billion. Nokia will present the deal to its shareholders in November, and both companies expect the transaction to close in the first quarter of 2014. So, why did Microsoft do this deal?

View Comments (2)