The Cloud is Huge and so is this post-labor day announcement from Microsoft.
Microsoft Buys Nokia Mobile
"In the transaction, all of Nokia's device business, including design,
manufacturing, sales, marketing, and support, becomes a part of
Microsoft. This includes 32,000 staff, of which 4,700 are in Finland.
Remaining behind is Nokia Solutions and Networks (formerly Nokia
Siemens Networks), which builds telecommunications equipment, and
mapping division HERE (Navteq). Nokia is also retaining its Advanced
Technologies group, which develops and licenses intellectual property.
These parts together account for about half of Nokia's revenue, and
approximately 24,000 staff.
Nokia CEO Stephen Elop—formerly of Microsoft—will be succeeded as
Nokia CEO by Risto Siilasmaa. Elop will serve as Executive Vice
President of Devices & Services, and Nokia expects that he will move
to Microsoft once the deal is closed."
Thanks to Ars Technica