Back in September last year, Microsoft announced that they would be acquiring Nokia’s cellphone business for a cool $7.17 billion. The deal is expected to conclude sometime this year and according to one of NPU’s tipsters, they have suggested that the deal could be officially closed around the time MWC 2014 kicks off, which is towards the end of this month. The deal was originally supposed to be closed when Nokia’s Q4 results were announced, but it looks like that did not happen.
Interestingly enough, NPU’s sources have also revealed that after the deal has been officially closed, Nokia could make a new announcement in which a new hardware brand could be revealed. We have heard how Nokia has plans for wearables, a smartwatch to be exact, which could be launched as soon as 2014, and that this new brand that Nokia is planning on announcing will be related to Nokia’s smartwatch efforts. That should be pretty interesting as we’re sure many are wondering what Nokia will be getting up to once they sell off their handset division to Microsoft. In any case take it with a grain of salt for now, but with MWC 2014 around the corner, we guess we might not have to wait too long to see if the rumors pan out.
Next Story: Flexible And Transparent Conductor Invented