Nokia CEO Stephen Elop to head Xbox division after Microsoft acquires Nokia’s smartphone division
Microsoft acquires Nokia’s devices division.
Today, Microsoft made an announcement that represents a rather aggressive expansion to their Windows Phone efforts. This announcement is that they will acquire Nokia’s Devices & Services division, which includes the company’s smartphone and mobile product arms.
The acquisition does not come cheaply, as expected. Microsoft will be paying out over $7.1 billion in order to obtain this division, but it could very well pay off for Microsoft. After all, with Nokia’s division under their roof, they will have an in-house smartphone development and manufacturing infrastructure, something that the company has lacked.
Nokia is no stranger to Windows Phone, either. For over two years now, the company has created several flagship Windows Phone devices, including the Lumia 1020 and Lumia 928.
Perhaps more interesting than the acquisition itself, however, is the current plan for the company’s staff. Nokia’s CEO, Stephen Elop, will join Microsoft, leading an “expanded devices team”. While Julie Larson-Green, the current overseer for Microsoft’s Devices and Studio Engineering division, will continue to lead until the acquisition goes through, she will join Elop’s team, placing Elop in firm command of Xbox and all other hardware.
Will acquiring Nokia’s division pay off for Microsoft? How will Elop handle the Xbox division?