Microsoft requests clearance from EU for Nokia deal; expects decision by December

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Steve Ballmer and Stephen Elop
Steve Ballmer and Stephen Elop (Image credit: Daniel Rubino / Windows Central)

Back in September, it was confirmed that Microsoft was purchasing a part of Nokia for the sum of EURO5.44 billion ($7.49 billion). The deal will see Microsoft absorb the Devices and Services division for future development, leaving the likes of NSN (Nokia Solutions and Networks) and HERE. Redmond is now seeking approval from EU antitrust regulators for the deal to go through. 

According to the report over at Reuters, the European Commission has stated it would decide by December 4th whether to clear the acquisition, which could be extended by 10 working days should Microsoft offer concessions to dispel competition fears. Until the deal closed, it's business as usual.

Source: Reuters

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Rich Edmonds
Rich Edmonds
Senior Editor, PC Build

Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.