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Ballmer
(left) and Elop (Right)
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Just days after Steve Ballmer declaring his
retirement, Steve has given the go ahead for Microsoft
to purchase Nokia’s devices and services business along
with licenses to Nokia’s patents for about $7.17; £4.6 billion in cash. Microsoft
announced the deal late Monday night.
A
former Microsoft executive, Elop has been mentioned as possible successor to
Ballmer next year. Risto Siilasmaa, the chairman of Nokia, has stepped in as
interim CEO of Nokia, which will continue to sell networking gear, mapping
technology, and intellectual property. “For Nokia, this is an important moment
of reinvention and from a position of financial strength, we can build our next
chapter,” says Siilasmaa.
