Follow us:

Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

March 7, 2011 at 12:46 PM

Report: Microsoft paying $1 billion plus to Nokia in phone deal

No wonder Nokia agreed to use Windows Phone software.

Microsoft will pay Nokia more than $1 billion to promote and develop Windows phones, according to a new report by Bloomberg’s Dina Bass.

The story, based on two unnamed sources “with knowledge of the terms,” offers new details about the huge deal announced Feb. 11.

It said the contract between the tech giants struggling in the smartphone market will last more than five years and has yet to be finalized.

Despite the huge payout, Microsoft will still make money from royalty payments made by Nokia, the story says. The Redmond company will also give Microsoft the right to use Nokia’s huge patent portfolio.

1-nokia-event-elop-ballmer-11.jpg

Comments | Topics: Android, Microsoft, nokia

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►