[gph]

"Its device business now gone, Nokia's plan is to focus on three core technologies: NSN (its network infrastructure) HERE (its maps and location-based services); and Advanced Technologies (a licensing and development arm)."[1]

It'll still exist. Most of the top executives are moving to Microsoft as part of the deal though.

I am curious if this deal required shareholder consent of any type. I'm sure the board had to approve. Still I don't know how I'd feel if I was holding onto a decent chunk of Nokia stock right now and I didn't get any say in selling out our core business.

[1]http://www.theverge.com/2013/9/2/4688530/microsoft-buys-noki...

[villek]

"The transaction is expected to close in the first quarter of 2014, subject to approval by Nokia’s shareholders, regulatory approvals and other closing conditions."

So yes, it will require consent from Nokia shareholders.