Microsoft announced tonight that it will buy Nokia's devices and services division. This is the part of Nokia that makes smartphones (and soon) tablets.
Microsoft will pay 3.70 billion Euro for Nokia's devices business. That's nearly $5 billion is U.S. dollars. Microsoft will also pay an additional 1.65 billion Euro ($2.2 billion U.S.) for the rights to Nokia's patents.
Image: AP
To read the full, original article click on this link: Microsoft Buys Nokia Devices - Business Insider