Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Here's Microsoft's Case For Buying Nokia

Steve KovachSep 3, 2013, 23:53 IST

MicrosoftMicrosoft made a surprise announcement late last night that it's going to buy Nokia's smartphone business for about $7.2 billion.

So why did Microsoft do it?

In a presentation it gave during a press conference today, Microsoft laid out its plans for Nokia. Most importantly, Nokia will help bolster Microsoft's new mission to become a "devices and services" company, which means it'll make hardware along with the software.

Want a deeper look into the Microsoft-Nokia deal? See what Microsoft has to say in the presentation below.