Tag: nokia

Microsoft to buy Nokia’s Handset Business for $7.2 Billion

Microsoft to buy Nokia's Handset Business for $7.2 Billion

As per the latest update, the Redmond giant Microsoft(NASDAQ:MSFT) has announced that it has signed an agreement to acquire Nokia’s Devices and Services business, licensed patents and its mapping services.

As part of the deal, Nokia will sell its mobile phone unit to Microsoft for EUR5.44 billion ($7.17 billion) in cash, payable at closing. The Devices and Services business acquisition accounts for EUR3.79 billion of that, with the patent licensing deal making up the remaining EUR1.65 billion.

With this agreement, Nokia will also grant Microsoft a 10-year non-exclusive licence to its patents and will itself focus on network infrastructure and services. Besides this, Nokia’s CEO Stephen Elop will be stepping aside as Nokia President & CEO to fill a new role at Microsoft as “Nokia Executive Vice-President of Devices & Services”. He will be replaced by Nokia’s Chairman of the Board, Risto Siilasmaa.

Steve Ballmer, CEO, Microsoft, said, “It is a bold step into the future – a win-win for employees, shareholders and consumers of both companies. Bringing these great teams together will accelerate Microsoft’s share and profits in phones, and strengthen the overall opportunities for both Microsoft and our partners across our entire family of devices and services.”

“After a thorough assessment of how to maximize shareholder value, including consideration of a variety of alternatives, we believe this transaction is the best path forward for Nokia and its shareholders,” said Risto Siilasmaa…….See More

Nokia strengthens Lumia Portfolio in India

Nokia strengthens Lumia Portfolio in India

Nokia India has announced two new additions to its Lumia portfolio in India – Nokia Lumia 925 and Nokia Lumia 625.

The new Nokia Lumia 925 offers a superlative imaging experience enabled with advanced lens technology, PureView camera and Nokia’s next-generation imaging software to deliver clearer, sharper pictures and video as well as enhanced low-light imaging – all packed in a suavely designed, slim metal-polycarbonate body. The Nokia Lumia 625 flaunts a large 4.7-inch super-sensitive LCD screen designed for a great entertainment experience, with the added impetus of an exclusive video content app offering access to a rich cache of over 3,000 for streaming and downloading.

Viral Oza, Director – Marketing, Nokia India, said, “The Nokia Lumia 925 and Nokia Lumia 625 are perfect examples of our focus on innovation and continued investment in delivering truly compelling smartphone experiences to our consumers at every price point. The Nokia Lumia 625 is our largest smartphone screen to date and offers a superior entertainment companion to our consumers, while with the Nokia Lumia 925, we have introduced metal to the Lumia range in a sleek, lightweight design that consumers will love along with enhanced imaging capabilities – both reiterating Nokia’s commitment to advance experiences on the Nokia Lumia portfolio.”

Running Windows Phone 8, both the Nokia Lumia 625 and Nokia Lumia 925 provide personalization with changeable Live Tiles that update direct to the home screen, whilst the People Hub makes it easy to stay connected with friends and family. There is also Xbox Live and Microsoft Office integration and access to over 175,000 apps on the Windows Store. In addition to 7GB of online SkyDrive storage, the Nokia Lumia 625 has 8GB of in-built memory and SD memory card support of up to 64GB, while the Nokia Lumia 925 has 16GB of internal memory……See More

Facebook, Nokia, Samsung and Others join hands to encourage Global Internet Adoption

Facebook, Nokia, Samsung and Others join hands to encourage Global Internet Adoption

Mark Zuckerberg, Founder & CEO, Facebook, has launched internet.org – a global partnership with the goal of making internet access available to the next 5 billion people.

The goal of internet.org is to make internet access available to the two-thirds of the world who are not yet connected, and to bring the same opportunities to everyone that the connected third of the world has today.

The founding members of internet.org – Facebook, EricssonMediaTek, Nokia, Opera, Qualcomm and Samsung – will develop joint projects, share knowledge, and mobilize industry and governments to bring the world online. These founding companies have a long history of working closely with mobile operators and expect them to play leading roles within the initiative, which over time will also include NGOs, academics and experts as well. Internet.org is influenced by the successful Open Compute Project, an industry-wide initiative that has lowered the costs of cloud computing by making hardware designs more efficient and innovative.

“Everything Facebook has done has been about giving all people around the world the power to connect. There are huge barriers in developing countries to connecting and joining the knowledge economy. Internet.org brings together a global partnership that will work to overcome these challenges, including making internet access available to all those who cannot currently afford it,” said Zuckerberg.

The internet.org website has been launched and provides an overview of the mission and goals, as well as a full list of the partners. In the coming weeks…..See More

Nokia opens Pre-booking for Lumia 925 in India

Nokia opens Pre-booking for Lumia 925 in India

As per a recent update, the all new metallic bodied Windows 8 smartphone fromNokia, the Nokia Lumia 925 is available for pre-bookings on online stores. With aluminum frame around the 4.5 inch display Lumia 925 showcases the PureView camera innovation, new features and third party applications coming to the Nokia Lumia range. It captures low light images and clearer, sharper video thanks to the most advanced lens technology and next generation imaging software. The Nokia Lumia 925 features the Nokia Smart Camera app, offering an easy way to capture ten images at once and edit the pictures anytime afterwards with options like Best Shot and Action Shot.

A wireless charging cover, available separately in white, black, yellow, and red can be clipped onto the back of the phone to take advantage of Nokia’s extensive wireless charging accessories and ecosystem.

An additional feature of this smartphone is the Nokia Glance Screen as beta version introducing the standby screen clock. Now, with a quick look and without pushing any buttons, owners can see the time or the battery level indicator on the screen when the phone is not used. A double tap on the standby screen now wakes the phone up, making it easier to unlock.

The Nokia Lumia 925 offers a variety of exclusive services such as Nokia Music for unlimited streaming of free music playlists. The suite of integrated location and navigation services……See More

Nokia expands Its Feature Phone Portfolio with 3.5G Internet Speed

Nokia expands Its Feature Phone Portfolio with 3.5G Internet Speed

Nokia has expanded its mobile phone portfolio with the launch of Nokia 301 feature phone, with an aim to connect the next-generation consumers to internet. The new 2.4-inch handset features the “candybar” design and colour palette along with 3.5G internet speed and a smart camera for taking better pictures with the mobile phone. The phone also features 3.5G internet speed making it ideal for both work and play. Consumers can also enjoy streaming movies for free on 3.5G internet with UTV movies app.

Nokia 301 comes with a 3.2MP smart camera that allows people to experience imaging options.The smart camera offers a choice of image capture, editing and sharing options, including panorama feature, sequential shots and self-portrait feature. Panorama feature is incorporated in 301 for wide-angle shots. The sequential shots feature of the phone helps to capture five frames in a row with just one click. The 5-in-1 camera app of the feature phone lets users choose and apply one of five camera effects to an image.

The handset is available in cyan, yellow, magenta, black and white colours……See More

Nokia enhances Its Product Offerings for Mother’s Day

Nokia enhances Its Product Offerings for Mother's Day

To stay connected with mothers on Mother’s Day, Nokia has introduced various colourful and exciting gadgets. These products include Nokia Asha smartphones, headsets, portable USB charger DC-16 and the Nokia Lumia series. All of them are available in vibrant colours.

The smartphone series include Nokia Asha 205 and 311. Asha 205 priced at Rs.3,499 features new innovative Facebook key, QWERTY Keyboard, Nokia Xpress Browser with 85% data compression, 40 free games and also has a slam feature which can transfer data by slamming the two devices. This phone also provides free Facebook for 3 months for Idea Cellular consumers, whereas Nokia Asha 311 has a compact touchscreen feature with 1GHz processor. It enables over 45 lakh songs download. It features 40 games, Nokia map and Nokia Browser. It is priced at Rs.7,139 with the availability of Rose Red, Dark Grey and Sand White colours in the market.

Lumia series includes availability of Nokia 720, 520 and 920 for Mother’s Day. Lumia 720 is priced at Rs.18,999 and 520 at Rs.10,500. Windows 8-enabled Lumia 720 features include high-end camera and a multitude of navigation options. Embedded with five-mega pixel autofocus camera, Lumia 520 comprises of features such as digital camera lenses, Cinema graph and Smart Shoot. On the other hand, the flagship windows 8 smartphone Lumia 920 features wireless charging and integrated mapping experience……See More

Nokia, AppCampus join hands to create Apps

Nokia, AppCampus join hands to create Apps

Nokia India, in collaboration with AppCampus (Finland) and members of Harvard Business School Alumni Angels (India Chapter), has announced their initiative, “Appcelerate-India”, to boost mobile app development on Nokia Lumia and Windows platform. As a part of this unique initiative, AppCampus and Harvard Business School Alumni Angels India will invest in excess of $500,000 in “Appcelerate-India” and provide a combination of grants, seed funding, mentoring, incubation resources to discover disruptive applications and nurture talented Indian mobile start-ups.

Gerard Rego, Director – Developer Experience, Nokia India, said, “At Nokia, our aim is to support Indian app developers to drive path-breaking innovation on our platform. We believe that this will open up countless opportunities to shape the app ecosystem, giving developers the chance to give new and innovative experiences to consumers.”

Pekka Sivonen, Head, AppCampus, said,”It is exciting to build this type of start-up collaboration, tailored for the Indian market, where we truly get to reach developers and start-ups locally and help them evolve into the next Big Thing. This collaboration between AppCampus and Harvard Business Angels can bring significant and sustainable new opportunities for mobile-focussed entrepreneurs and their businesses.”

Ravi Gururaj, Co-Founder, HBS Alumni Angels India Chapter, said, “India has strong technology credentials and a renowned entrepreneurial background. The successful evolution of the technology industry in India presents a great opportunity for mobile app developers. We are now seeing a massive spurt in passion from the local ecosystem towards entrepreneurial ventures in mobile products. Through our collaboration with AppCampus and Nokia India, we want to support app entrepreneurs in their development work and create an innovation-led start- up culture.”

To involve consumers in the exciting world of mobile apps, Nokia India had created the world’s first app reality TV show, Your Wish is My App (YWIMA). With this campaign, Nokia opened up the world of app development to consumers which resulted in over 38,000 suggestions……See More