Microsoft Begins Life As A Smartphone Manufacturer As Nokia Deal Is Finalized

Nokia CEO Stephen Elop Microsoft and Nokia will consummate their marriage by the end of this week. On Monday, Microsoft said its $7.2 billion acquisition of Nokia's devices and services division, which was announced in September, will be finalized by Friday. In the deal, Microsoft will subsume nearly 32,000 Nokia employees including CEO Stephen Elop, who will become the head of devices at Microsoft reporting to Microsoft CEO Satya Nadella.  Reports surfaced over the weekend that Microsoft woul...