The U.S. Department of Justice has approved, without conditions, Microsoft’s acquisition of Nokia’s handset business, according to Microsoft.
Regulators in India, Russia, Israel and Turkey have already approved the acquisition.
Still pending is approval from other regulatory bodies, including the European Union. EU regulators look ready to issue an approval by Wednesday, according to an earlier Reuters report.
Microsoft issued a statement, saying: “We look forward to the date when our partners at Nokia will become members of the Microsoft family, and are pleased that the Department of Justice has cleared the deal unconditionally.”
The two companies announced in September that Microsoft was buying Nokia’s handset business as part of a $7.2 billion deal. Microsoft is paying about $5 billion (EUR 3.79 billion) for Nokia’s Devices & Services Business. In addition, it is paying about $2.18 billion (EUR 1.65 billion) to license Nokia’s patents and to license and use Nokia’s mapping services.
Microsoft expects the deal to be finalized in early 2014.