Real Time Analytics

Samsung wants to get hold of the patent portofolio of Nokia

Samsung wants to get hold of the patent portofolio of Nokia

With the onslaught of handsets from Samsung and other major tech giants, Nokia has been struggling with its mobile domain. There have been rumors lately that Microsoft might acquire Nokia in near future and not only that, one source has also claimed that Samsung would soon acquire Nokia. This was revealed by a Finnish publication who said that a source inside the stock exchange has given out this piece of information and it does carry weight since the shares of Nokia have started rising without any apparent reason. The main intention of Samsung, according to the same source, is to get hold of the patent portfolio of Nokia and then use those patents in its devices and ultimately in its battle against Apple. Rumors have also suggested that Samsung is already in negotiations with Nokia over this deal. If such a deal actually takes place, it would be the second largest deal in the telecom industry, the first one being Google’s acquisition of Motorola.
 
However, this was all what the rumors suggested and before the rumor mill could accelerate too much, Samsung has released an official announcement according to which Samsung is not interested in acquiring Nokia and any such rumors are purely speculative and do not carry any weight.
 
Nokia has been facing some hard time during the last couple of years. However, the company officials are hopeful that Nokia’s recent partnership with Microsoft would generate positive results. After this partnership with Microsoft, Nokia has released two Windows Phone based smart phones named Lumia 810 and Lumia 710. During the first quarter of this year, Nokia was surpassed by Samsung as the biggest manufacturer of handsets.
 
Recently, the most important Nokia phone running on Windows Phone was introduced during CES 2012, which was named Nokia Lumia 910. Soon after this high end device, Nokia introduced another low end phone with the name of Nokia Lumia 610. Nokia Lumia 910, which is also equipped with 4G LTE support, has prove to be quite successful and is being called the best Windows based phone in the market by many tech experts. Considering the recent partnership between Nokia and Microsoft, it was indeed highly unlikely that another tech giant would acquire Nokia, since Microsoft would not let its huge investments go in vein.

Tags: ,


Comments are closed.