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Microsoft-Nokia Merger Expected to Close on April 25

by Todd Haselton | April 21, 2014April 21, 2014 9:00 am PST

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Nokia on Monday shed a bit of light on the progress of the sale of its Devices and Services division to Microsoft. The Finnish smartphone maker said that it expects the deal to close as soon as Friday April 25, just four days from now.

“The transaction is now subject only to certain customary closing conditions,” Nokia said, suggesting that it has received all of the regulatory approvals required to move forward.

The United States Federal Trade Commission (FTC) and the Department of Justice (DOJ) approved the deal in December of 2013, two months after it was announced. Meanwhile, Samsung and Google had expressed concerns in China, where the firms feared Nokia could gouge competitors with expensive licensing fees. China, however, issued its approval earlier this month.

Meanwhile, the merger has also hit speed bumps in India where Nokia reportedly owes the government back taxes and may ultimately shut down a factory — potentially leaving 7,000 people without a job. So far, the tax discrepancy has not been solved, though that won’t prevent a merger between Nokia and Microsoft.

Microsoft has already started to act as if the deal is finalized, and most recently introduced several new Nokia devices running its fresh Windows Phone 8.1 operating system during Microsoft’s BUILD conference in San Francisco.

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Todd Haselton

Todd Haselton has been writing professionally since 2006 during his undergraduate days at Lehigh University. He started out as an intern with...