Five years ago, Microsoft bought Nokia’s smartphone business

It was going to be the deal that would Microsoft’s rightful place as a mobile superpower. This time five years ago, Microsoft bought Nokia’s mobile business (and a meaty patent portfolio to boot) for a cool $7.6 billion. A steal, when you consider the Finnish icon once controlled 41 percent of the global handset market. Five years ago today, Nokia sold its smartphone businesses to Microsoft. pic.twitter.com/qqfycrgmOd — Tero Alhonen (@teroalhonen) September 3, 2018 We all know