Rumor: Microsoft to buy Nokia's phone division

When Microsoft teamed up with Nokia to create WP7 hardware, it showed a massive shift in strategy for Nokia. But if rumors hold true, then this may only be the start of a massive acquisition of the.

The information comes from Russian blogger, Eldar Murtazin, who has been known for his insider knowledge at Nokia. While this rumor is massive and far reaching, Murtazin has been saying this would happen for several weeks now on his Twitter account. But now, taking it a step further, he stated the following (via PhoneArena):

People live in the old and do not understand how the information that such media. And lose again and again. But my problem is just doing their job. Given the degree of insanity in the Nokia, it becomes easy to do. And there you have another piece of information – the following week Nokia begins talks on selling the phone division at Microsoft. While the results of these negotiations will not be public, but the deal could be closed before the end of 2011, both companies are very much in a hurry. After all, today the problem for the current management of Nokia does not produce good products, but as soon as possible to destroy the company, and interesting assets transferred to the MS. Everything is transparent and takes place in public.

Murtazin has a favorable track record when it comes to Nokia information but Microsoft has denied that it has intentions of acquiring Nokia. If Microsoft were to purchase Nokia's mobile division, it would be a massive acquisition requiring billions in capital. Also, if Microsoft were to get into the game of creating its own WP7 hardware, it could become a conflict of interests with the current third party WP7 suppliers.

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