Hacker News new | ask | show | jobs
by huihe9849hjjgkg 2014 days ago
How do you sell a business four billion? Easy, start with a business worth $30 billion.
1 comments

The mobile devices unit was on a rapid trajectory towards zero already in 2010. In an alternate reality where Vanjoki bet the company on Meego, that business would still be bankrupt today, just without the $4B payment from Microsoft.

Nokia kept the parts of their business that actually were worth something, and used the MS money to buy more marketshare in networks. It was a good deal.