Microsoft to buy Nokia, resulted in 48 thousand crore deal

Microsoft has expanded its business to buy mobile phone business has announced. Microsoft to buy Nokia's 5.44 billion euros. Agreement between the two companies on Tuesday. After completion of the deal, Microsoft CEO Stephen Ilop take over. It is a compromise between the two. Now Nokia phones will be connected directly with Microsoft's Windows operating system.

The agreement between Nokia and Microsoft will be final until the first quarter of 2014. However, Nokia's shareholders, regulatory approval and other conditions to be fulfilled. Under this new agreement, Nokia will transfer about 32 thousand employees at Microsoft. According to Balmer phones, devices and services sectors will benefit from the experience of Nokia and Microsoft will increase the company's profit. Nokia has partnered with Microsoft in 2011 and his mobile phone was used in Microsoft Windows software. Finland's Nokia was a time in the mobile world number one leader. But Samsung and Apple took the title from him, he faced a challenge.