Financial management Assignment Example | Topics and Well Written Essays - 500 words - 2

Financial heed - Assignment ExampleThe completion of the acquisition marks the first step in bringing these dickens organizations together as one team (Microsoft, 2014).Where do Nokia and Microsoft go from here? Since the deal was first proclaimed last September, it was evident that this was a win-win situation for both sides. Nokia can get on with growing its solutions and networks persona without the albatross of its money-losing mobile phone unit around its neck (fool.com, 2014).For Microsoft, a late transition tothe twenty-firstcentury leave be realized in the abutting couple of days. Its about time. The completion of the Nokia Devices and operate business acquisition April 25 will modify Microsoft to accelerate its share of smart phones and feature phones in developed and emerging markets, and increase its role as a devices and services company. (Local news now, 2014).Microsoft will organise the affordable mobile devices market, a $50 billion annual opportunity, utteri ng the first mobile experience to the next billion people while introducing Microsoft services to new customers around the world (Microsoft, 2014). Microsoft will continue to deliver new value and opportunity, and it will work closely with a range of hardware partners, developers, operators, distributors and retailers, providing platforms, tools, applications and services that enable them to make exceptional devices. With a deeper understanding of hardware and software working as one, the company will strengthen and grow demand for Windows devices overall (marketwatch, 2014).Industry watchers thought it was a win-win solution for both of the enterprises. Microsoft has everlastingly been trying to expand its mobile Internet market, and Nokia, whose manufacturing technology for handsets is advanced, urgently needs to look for a savior, Cao Yujie, coach of consultants for IT market research agency CCW Research, told the Global Times. Forgoing the