Nobody's surprised. Microsoft has announced that it will 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. The Devices & Services business generated EUR 14.9 billion, or almost 50 percent of Nokia’s net sales for the full year 2012. Nokia's Smart Devices business unit and the Lumia brand and products are also being acquired. Lumia handsets sold 7.4 million units in the second quarter of 2013. Nokia's Mobile Phones business unit, which also being acquired, sold 53.7 million units in the second quarter of 2013. The transaction is expected to close in the first quarter of 2014, however, it's subject to approval by…
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