Just as most of us were winding down from Labor Day Weekend on Monday evening, Microsoft announced one of its biggest acquisitions ever with the company’s decision to gobble up Nokia’s Devices and Services business for nearly $7.2 billion.
Not surprisingly, people are heading to Twitter to share their thoughts. We compiled some of the good ones and you can check them out below.
Breaking: Microsoft trades Nokia to Facebook for Instagram Windows Phone app
— nilay patel (@reckless) September 3, 2013
Nokia's stock is down 85% in the past 5 years. Microsoft is either insanely savvy or insanely late.
— Aaron Levie (@levie) September 3, 2013
Lets just face it — iPhone and Android ecosystem did disrupt two major companies — Microsoft and Nokia — both ignored winds of change
— Om Malik (@om) September 3, 2013
Along with Skype, this means that a meaningful percentage of Microsoft will happen outside Redmond city limits, in a way that's new.
— Harry McCracken ?? (@harrymccracken) September 3, 2013
Steve Ballmer has a funny understanding of lame-duck behavior.
— Harry McCracken ?? (@harrymccracken) September 3, 2013
Is this the end of software-only companies? Apple never was. Google was, is changing. Microsoft was mixed, changing even more?
— Danny Sullivan (@dannysullivan) September 3, 2013
The Microsoft-Nokia hype will wind down next week when Apple rolls out new iPhones. Microsoft probably should have waited.
— Matthew Keys (@MatthewKeysLive) September 3, 2013
MSFT buying Nokia gives me flashbacks to HP buying Palm
— Jenna //\ Wortham (@jennydeluxe) September 3, 2013
Nokia will be Microsoft's 7th acquisition over $1B. The others are: Skype, Visio, Yammer, aQuantive, Fast Search & Transfer, and Navision.
— Nat Friedman (@natfriedman) September 3, 2013
Microsoft goes from selling zero phones to selling ~60M phones per quarter (of which 13% are smartphones). Nice starting point?
— Steve T-S (@stroughtonsmith) September 3, 2013
A massive gamble by Microsoft but given its complete reliance on Nokia for Windows Phone devices its an understandable move.
— Ben Wood (@benwood) September 3, 2013
Microsoft *really* wasn't kidding about becoming a devices and services company.
— The real Jon Brodkin (@jbrodkin) September 3, 2013
BlackBerry. Always the bridesmaid.
— Michael Moeschler (@moesch) September 3, 2013
Microsoft is buying a bunch of Nokia, not Nokia name. It gets a 10 yr license to use Nokia name on its phones.
— Nick Wingfield (@nickwingfield) September 3, 2013
Ballmer steps down, days later Microsoft acquires Nokia. Hmm, I wonder wonder wonder who the next CEO will be.
— Ryan Block (@ryan) September 3, 2013
Remeber, Elop still lives in Woodenville, WA.
— Charlie Kindel (@ckindel) September 3, 2013