Microsoft was in advanced talks to purchase Nokia, but the deal recently fell through, according to The Wall Street Journal.
If the acquisition had gone through, it would’ve helped Microsoft’s transition from software company to one that makes hardware too.
The WSJ says there’s little chance the talks will resume.
Ever since Nokia partnered with Microsoft to make Windows Phones, there’s been a lot of speculation that Microsoft would eventually buy Nokia.
Today, all of Nokia’s flaghship smartphones run Microsoft’s Windows Phone 8 operating system. The company has repeatedly said it doesn’t plan to pursue other platforms like Android.
Business Insider Emails & Alerts
Site highlights each day to your inbox.