Microsoft And Nokia Clear Another Key Hurdle

It's already been quite the waiting game for shareholders of both Nokia (NYSE: NOK  ) and Microsoft (NASDAQ: MSFT  ) .

Microsoft and Nokia reached an agreement for Microsoft to acquire Nokia's famous handset division for $7.4 billion last September. However, fast forward to today and Nokia and Microsoft are still in the midst of the frustrating waiting game that has plagued this big ticket tech deal.

However, Microsoft and Nokia recently cleared perhaps one of the last key details as the two work toward closing this deal in the coming weeks.

Microsoft gets permission
Earlier this week, investors in both companies learned that Nokia and Microsoft had gained the blessing of China's Ministry of Commerce, perhaps the last major regulatory authority needed to sign off on the deal. According to reports, the Chinese Ministry of Commerce was withholding approval of the deal until Microsoft agreed to a formal and extended open licensing arrangement for patents Microsoft owns that are integral to the functioning of Google's Android mobile operating system, which many prominent Chinese handset makers rely on to power their smartphones. 

And as tech and telecom analyst Andrew Tonner discusses in the video below, this leaves only one hurdle to clear for Microsoft and Nokia to close the deal at some point later this month.

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 13, 2014, at 4:59 PM, lee654 wrote:

    It a done deal!

  • Report this Comment On April 13, 2014, at 6:19 PM, MFIDIOT wrote:

    Andrew,

    You need to do some homework before you open your mouth. whatever you are saying is all old news, almost a week old. they postponed the close deal in April, and Indian tax has no bearing on deal. So pathetic you can't even speak right or read off the teleprompter right on the video. Please please do us all a favor do not post another Nokia related article if you don't know what you are talking about. I am actually embarrassed that I even clicked on the article.

  • Report this Comment On April 13, 2014, at 10:11 PM, FishingPhil wrote:

    I'm assuming you're going to read these comments, so I thought I'd just let you know something similar to what I just went through watching your video.

    It's a done deal and whatever you are saying is all old news.

    Have you heard that before? Now you know how I feel.

    As for your broadcasting talents, here's a tip. Record it several times, get it just perfect, then release the video. Personally I don't care about missing a step here or there, it's natural. However in this day and age, people only expect perfection.

    So, get relevant material and release perfect videos and you'll be golden!

  • Report this Comment On April 14, 2014, at 12:51 AM, wwu12345 wrote:

    Adding my comment to the other comments, I just want to say that I have watched Andrew your video on Nokia and other companies from time to time.

    Regarding Nokia, your view has been evolving over the past two years, ever since I started to invest in Nokia in the summer of 2012. But, your view has always been lagging the company in development.

    Another comment I have is related to your video presentation. I must say that I am quite impressed by the way Tom Gardner presents himself in his video appearences. He is natural and smooth talker, speaking in concise language and making his points quite convincing (to me at least). But, Andrew, you often seems to be reluctant and unsure about the content of your script/manuscript. You need to speak naturally, as if there is not even a script. Why do you need a script? If you are an analyst researching your cover company, you should be able to speak about your covered company without a script/manuscript. In this regarding, you have not improved much during the past two years.

  • Report this Comment On April 14, 2014, at 8:12 AM, will1946 wrote:

    This is old news. Should you not be writing about the Indian problem which still exists?

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