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[return to "Today was the last day of Nokia as we knew it"]
1. frik+M5[view] [source] 2014-04-25 09:25:13
>>sirkne+(OP)
The Nokia fate will be remembered as hostile takeover. Everything worked out in the favor of Microsoft in the end. Though Windows Phone/Tablet have low market share, a lot lower than expected.

* Stephen Elop the former Microsoft employee (head of the Business Division) and later Nokia CEO with his infamous "Burning Platform" memo: http://en.wikipedia.org/wiki/Stephen_Elop#CEO_of_Nokia

* Some former Nokia employees called it "Elop = hostile takeover of a company for a minimum price through CEO infiltration": http://gizmodo.com/how-nokia-employees-are-reacting-to-the-m...

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2. bowlof+F9[view] [source] 2014-04-25 11:08:23
>>frik+M5
I'm thinking more "inside job" that ended in a takeover.

Hostile takeovers may be brutal, but at least they are relatively "clean" compared to what Microsoft did. The takeover is not the remarkable part of this story, that was just the endgame.

I'm still surprised this was actually legal. I'm also surprised that the Finnish authorities just let this happen without at least a legal investigation or parliament hearings.

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3. ntakas+vv[view] [source] 2014-04-25 15:26:28
>>bowlof+F9
This guy was the chairman of the board at the time. Does it seem like he wouldn't do best for his company and risk national disgrace, all for what must be pennies to him?

http://en.wikipedia.org/wiki/Jorma_Ollila

I believe he genuinely thought it was a good deal for Nokia and MS didn't really do anything but give better terms than Google was willing to give.

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