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Nokia's interim CEO addresses the 'next 150 years'
Posted: 11-Sep-2013 [Source: The Verge]

[This interview with Nokia's interim CEO Risto Siilasmaa highlights the issues the company faces going forward after their Microsoft buyout.]

Tom Warren -- "Microsoft might be buying Nokia's phone business for $7.2 billion, but the company will live on focused on mapping and network technologies. Interim CEO Risto Siilasmaa is upbeat about the changes, and believes "this is the beginning of the next 150 years of Nokia’s story." The Finnish company may have started life 150 years ago making paper, boots, and car tyres, but its mostly known for its mobile phones. In a recent interview, Siilasmaa notes the challenges faced by Nokia and the emotions involved in 32,000 employees leaving to join Microsoft and the reality that Nokia is no longer a phone maker..."

"Nokia is granting Microsoft access to its patents in a 10-year $2.17 billion deal, but there's concerns the company may turn into a patent troll with the lack of a phone business. With around 30,000 utility patents and 8,500 design patents, Nokia's patent portfolio is worth around $6 billion and the company can now aggressively defend its patents."



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