Feeds

Microsoft's gobble of Nokia phone biz gets thumbs-up from China

Deal expected to go through this month, despite Indian tax dispute

Business security measures using SSL

Nokia has sorted the lingering issues with China over the sale of its mobile biz to Microsoft, putting the deal back on track to close in April.

The Microsoftie slurp was supposed to be done and dusted by the end of March, but the firm's general counsel Brad Smith said late last month that the final details wouldn't be hammered out until April.

Smith said that the deal had gotten the regulatory nod from 15 different markets, but it was still awaiting approval in a final few countries.

When the acquisition was announced last year, workers in Nokia's factory in the southern city of Dongguan protested against the deal, claiming that it would affect their compensation.

The Finnish phone-maker has also faced trouble in India, where it's in the middle of a tax dispute. Indian courts want Nokia to put over half a billion dollars into escrow while it fights the country's tax authorities, before it hands Microsoft the keys to one of its biggest manufacturing facilities to Microsoft.

Nokia said today that it had received regulatory approval for the Microsoft deal from the People's Republic of China, the European Commission, the US Department of Justice and "numerous other jurisdictions". It added that the firms still expected the deal to close this month, indicating that they be making some progress in negotiations with Indian authorities as well. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Oi, Tim Cook. Apple Watch. I DARE you to tell me, IN PERSON, that it's secure
State attorney demands Apple CEO bows the knee to him
4K-ing excellent TV is on its way ... in its own sweet time, natch
For decades Hollywood actually binned its 4K files. Doh!
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
DARPA-backed jetpack prototype built to make soldiers run faster
4 Minute Mile project hatched to speed up tired troops
Hey, Mac fanbois. HGST wants you drooling over its HUGE desktop RACK
What vast digital media repository could possibly need 64 TERABYTES?
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Apple's ONE LESS THING: the iPod Classic disappears
RIP 2001 – 2014. MP3 player beloved of millions. Killed by cloud
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.