Microsoft is one of the favorites to buy networking and cell phone company, Nokia, according to a leading mobile analyst firm.
CCS Insight’s predictions for 2021 include the claim that Nokia will be bought by a major U.S. tech company next year, with both Microsoft and Intel named as likely buyers.
Microsoft and Nokia, of course, have history. In 2013, Microsoft paid over $7 billion for Nokia’s handset business in an ill-fated attempt to provide a third alternative to iPhone and Android handsets with Windows Phone. It failed miserably, with the purchased assets from Nokia written off in 2015, resulting in thousands of job losses.
Although Nokia has since re-entered the cell phone business, it’s not that arm of the business that would prove attractive to the potential buyers. Instead, it’s Nokia networking arm that would interest the American giants,