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Key Events At Nokia Under Stephen Elop’s Leadership: A Timeline

Earlier today, Microsoft announced that it plans to acquire all of Nokia’s Devices & Services business, license Nokia’s patents, and license and use Nokia’s mapping services, paying EUR 3.79 billion for Nokia’s Devices & Services business and EUR 1.65 Billion to license Nokia’s patents, for a total transaction price of EUR 5.44 billion in cash. This wasn't much of a surprise since many anticipated it when Nokia's board hired Stephen Elop, an ex-Microsoft Employee, as the company's Chief Executive Officer. Now that he's stepped down from the position and will be leading an expanded Devices team at Microsoft, here's a timeline of key events at Nokia since it hired Elop: - September 2010: Nokia fired its then CEO, Olli-Pekka Kallasvuo only to replace him with Microsoft senior executive Stephen Elop. Elop was the head of Microsoft Business division and was responsible for its Office suite, applications…

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